Allscripts Healthcare Solutions (MDRX) announced after the close Wednesday that it has named Paul M. Black as its President and Chief Executive Officer, effective immediately. He replaces Glen Tullman, who will step down from his positions as Chief Executive Officer and board member. Lee Shapiro also will step down as President, effective immediately.
The company also announced that its Board of Directors has formally concluded its evaluation of strategic alternatives.
Allscripts Healthcare Solutions gapped open sharply lower Thursday, but traded in a narrow range throughout the session. The stock finished down by 1.54 at $9.14 on the highest volume of the year and sank to a 4 1/2 month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.