U.S. Markets close in 2 hrs 57 mins

Cerner Stock Surges As Starboard Agreement Spurs Board Shake-Up, Changes

REINHARDT KRAUSE
Cerner Stock Surges As Starboard Agreement Spurs Board Shake-Up, Changes

Cerner stock jumped on the company's pact with activist shareholder Starboard Value to shake up its board of directors and cut costs to improve profit margins. Shares rose by double digits.