Shares of Cerner Soar

Shares of Cerner (CERN) are in a happy place this morning. The company said it’s increasing its share buyback program by $1.2 billion. The company has reached an agreement with Starboard Value, an activist shop. Cerner will add four new directors to the board.

Here’s the press release.

Update: Cerner closed higher 10.3% today.

Posted by on April 9th, 2019 at 9:45 am


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