Why Cerner Stock Soared Today
Shares of Cerner (NASDAQ: CERN) surged 13% on Friday, as rumors of a potential merger with Oracle (NYSE: ORCL) swirled.
Oracle could soon move to acquire Cerner for as much as $30 billion, according to The Wall Street Journal. The deal would allow Oracle to make an aggressive move into the $4 trillion healthcare industry.
Investors are excited about the potential combination of Oracle's cloud technology and Cerner's health information services. Image source: Getty Images.
Source Fool.com
