MultiPlan (MPLN) Soars 15.5%: Is Further Upside Left in the Stock?

MultiPlan Corporation (MPLN) shares rallied 15.5% in the last trading session to close at $14.70. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 76.6% gain over the past four weeks.MultiPlan scored a strong price increase, driven by investors’ optimism surrounding the recent announcement that the company will consolidate its cloud infrastructure on Oracle Cloud Infrastructure (OCI) to support its previously ...