Definitive Healthcare Stock Jumps, With Traders Watching the $1 Level
Definitive Healthcare closed Friday at $0.93, up 4.88%, but remains below the $1 Nasdaq threshold. The company reported Q1 revenue of $55.9 million, down 6% year over year, and a net loss of $192.4 million after a $197.2 million goodwill impairment. Market cap stands at about $98 million. Shares are down roughly 72% over the past year.