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Inovalon Holdings Inc. (INOV) Surged To A New High For The Year

Inovalon Holdings Inc. (INOV) announced Tuesday morning that it has entered into a five-year engagement with UnitedHealthcare for the implementation of the Inovalon ONE Platform.

Inovalon gapped open higher Tuesday and rose steadily during the first 2 hours of trade. The stock finished up by 2.45 at $17.10 on above average volume. Inovalon surged past resistance and set a new high for the year.

by RTT Staff Writer

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