Scalper1 News
MedAssets (MDAS) stock got a lift Wednesday after the medical software maker announced plans to cut 5% of its workforce, or roughly 180 jobs, by year’s end. MedAssets stock was up 4.5% in afternoon trading in the stock market today, near 20. On Tuesday, shares touched a nearly six-month low, below 19. MedAssets expects restructuring expenses of $11 million, with $5 million of that to be recorded in the third quarter and the remainder in Q4. The Scalper1 News
Scalper1 News