- The stock price of Inovalon Holdings Inc (NASDAQ: INOV) increased by over 14% during intraday trading. This is why happened.
The stock price of Inovalon Holdings Inc (NASDAQ: INOV) increased by over 14% during intraday trading. Investors are responding positively to a Bloomberg report about private equity firm Nordic Capital being in advanced talks to buy Inovalon.
A final agreement has not been reached as of yet. And the deal could still fall through.
Inovalon’s software is used for analyzing healthcare data from researchers and providers. And the company’s database includes content from over 1 million physicians, 580,000 clinical facilities, and 336 million patients.
Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.
