The stock price is down 25% from the high at the time of the DUMP announcement.
Maybe the revenue and eps projections from just Veradigm Payor and Life Sciences business along with PRO which basically gets sold to docs in trailer parks is not all that attractive !!!
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OMG . dont take this personal but any of the market "experts" on here .. none of you have a clue on how the market will perform or where it will go. You can only have unfounded beliefs thrown out by agenda based market pundits. It amazed me how many financial market " experts " this company has/had as opposed to actual developers, system knowledgeable professionals. If you like to provide "stock" advice go get a job in that industry. Now I have to go follow my crypto ..
PO
Thank you Jim Cramer !!!!
The MDRX stock price went up when the yard sale was announced.
So, Wall Street knew the market cap would go down.
But, they expected brighter guidance going forward for the remaining garbage and that wasn’t the case on the earnings call.
Not so fast. Due to the Altera sale, the new market cap is significantly smaller. Hedge funds, endowments and institutional investors rotate out of very small cap tickers. And if you haven’t noticed everyone is rotating portfolios into value lately. Except for retail ‘buy every dip’ knuckleheads, same goofballs creamed by ARKK unicorn.