Strength Seen in MultiPlan (MPLN): Can Its 9.0% Jump Turn into More Strength?

Group 1 - MultiPlan Corporation (MPLN) shares increased by 9% to close at $7.87, following a notable trading volume, despite a 21.7% loss over the past four weeks [1] - The partnership with the National Rural Health Association is fostering optimism, leveraging over 40 years of combined expertise to enhance healthcare quality and reduce costs in rural areas [2] - The upcoming quarterly report is expected to show a loss of $2.40 per share, with revenues projected at $230.91 million, reflecting a 4.9% decline from the previous year [3] Group 2 - The consensus EPS estimate for MultiPlan has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [4] - MultiPlan is categorized under the Zacks Medical Services industry, where Teladoc (TDOC) has shown a 23.7% return in the past month, closing at $8.41 [4] - Teladoc's EPS estimate has decreased by 2.1% to -$0.29, representing a 17.1% change compared to the previous year [5]