Definitive Healthcare Stock Jumps, With Traders Watching the $1 Level
Definitive Healthcare Corp. finished the holiday-shortened week up, gaining 4.88% Friday to settle at $0.93. The healthcare data company is still trading below the $1 level, which has been a key line for the stock. About 574,000 shares changed hands, with trading in a range from $0.84 to $0.97. Rebound timing is in focus this week as U.S. markets were closed over the weekend and again on Monday, May 25, for Memorial Day. That gives investors just a few days to figure out if the bounce lasts. Nasdaq notes that normal hours are Monday to Friday, 9:30 a.m. to 4 p.m. ET.