While you were sleeping: Apple, Athenahealth climb

Mon, 07 May 2018

By Margreet Dietz May 8 (BusinessDesk) - Wall Street gained as shares of Apple rose to a record, while fresh corporate deals also boosted sentiment. Also climbing were the US dollar and oil prices. Shares of Athenahealth soared, up 15.5 percent to US$145.57 as of 3.11pm in New York, after activist investor Elliott Management offered to buy the medical company for US$160 a share. George Hill, an analyst with RBC Capital Markets in New York, said the offer price is low and expects it will ultimately be rejected by the board, Bloomb...

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