On August 9th, Merge Healthcare (NASDAQ:MRGE) endured an incredible 46% drop in price following a disappointing second quarter which saw the resignation of its CEO Jeffery Surges and drove new CEO Justin Dearborn and Board Chairman Michael Ferro to publicly apologize for the abysmal results. While the company still has some issues it needs to work out, there are several looming catalysts on the horizon which lead me to believe the sell-off is overdone and value can be found here.
Merge Healthcare is a Chicago, IL-based niche healthcare IT company focusing on software solutions for healthcare providers with an emphasis on cloud-based storage for medical imaging such as X-rays (August investor presentation provides a good overview...
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