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MultiPlan Corp - MPLN STOCK NEWS

Welcome to our dedicated news page for MultiPlan (Ticker: MPLN), a resource for investors and traders seeking the latest updates and insights on MultiPlan.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MultiPlan's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MultiPlan's position in the market.

Rhea-AI Summary
MultiPlan (MPLN) announces its first quarter 2024 earnings conference call scheduled for May 8, 2024, at 8:00 am Eastern Time. Investors and analysts can pre-register for the conference call to receive access details via email. A live webcast will be available on the Investor Relations section of the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.38%
Tags
-
Rhea-AI Summary
MultiPlan (MPLN) received a notice from the NYSE stating non-compliance with the minimum price criteria, giving the company six months to regain compliance. The company plans to notify the NYSE of its intent to cure the deficiency, which may involve a reverse stock split. Despite the notice, the Common Stock will continue to be listed and traded on the NYSE. The company reassures shareholders that the notice has no immediate impact on its business operations or reporting obligations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
Tags
none
-
Rhea-AI Summary
MultiPlan Corporation (MPLN) appoints Jerry Hogge as Executive Vice President and Chief Operating Officer to drive growth and innovation. Hogge's extensive experience in healthcare and telecommunications industries positions him well to lead MultiPlan through its next phase of evolution. His focus on operational efficiency, growth, and diversification aligns with MultiPlan's goals of expanding service offerings and market share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.21%
Tags
management
Rhea-AI Summary
MultiPlan Corporation (MPLN) will participate in a fireside chat at the Barclays 26th Annual Global Healthcare Conference. The event will take place on March 12, 2024, at 3:05 p.m. Eastern Daylight Time. Investors can listen to the live webcast on MultiPlan's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
conferences
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Rhea-AI Summary
MultiPlan Corporation (MPLN) granted employment inducement awards to Travis Dalton, its President and CEO, consisting of 6,849,315 options and 4,504,504 restricted stock units, subject to continued employment. The awards were approved by the Compensation Committee under NYSE rules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
none
-
Rhea-AI Summary
MultiPlan Corporation reported Q4 2023 revenues of $244.1 million, a net loss of $31.4 million, and adjusted EBITDA of $156.8 million. Full Year 2023 saw revenues of $961.5 million, a net loss of $91.7 million, and adjusted EBITDA of $618.0 million. The company identified potential medical cost savings of $5.9 billion in Q4 2023, up from previous quarters. MultiPlan deployed cash for acquisitions, debt repurchases, and share repurchases in 2023. The company provided guidance for 2024 with revenues expected to be between $1,000 million to $1,030 million and adjusted EBITDA between $630 million to $650 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
MultiPlan Corporation (MPLN) will release its fourth quarter and full year 2023 financial results on February 29, 2024, and hold a conference call at 8:00 am Eastern Time. Investors and analysts can pre-register for the call and access the live webcast through the Investor Relations section of the Company’s website. A replay will also be available for those unable to listen to the live conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.96%
Tags
-
News
Rhea-AI Summary
MultiPlan Corporation (MPLN) Announces Travis Dalton as New President and CEO, Aligning with Growth Strategy and Product Innovation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.04%
Tags
none
-
Rhea-AI Summary
MultiPlan Corporation (MPLN) will participate in a fireside chat at the 42nd Annual J.P. Morgan Healthcare Conference on January 9, 2024, to discuss industry trends and the Company’s 2023 performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
conferences
Rhea-AI Summary
MultiPlan Corporation (NYSE:MPLN) Announces Participation in Upcoming Conferences in November 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.15%
Tags
conferences
MultiPlan Corp

NYSE:MPLN

MPLN Rankings

MPLN Stock Data

516.41M
263.12M
6.12%
85.95%
2.35%
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Professional, Scientific, and Technical Services
Link
US
New York