CareCloud Gains for the Week After Deal News, Monday Trading Next
CareCloud finished at $2.35, rising 1.29% Friday and up roughly 3.1% for the week. The U.S. trading week was shortened by the Memorial Day holiday. Nasdaq was closed Saturday and will reopen Monday. Small healthcare-tech player CareCloud bounced at the end of the week after its bolt-on acquisition news, lifting the stock even as the move wasn’t big in size but hit at a key moment. Wall Street’s major indexes also advanced for the week, with the S&P 500 notching another gain in what traders called a broad risk-on tape.