Should You Buy the Dip in MultiPlan Corp.?

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However, the stock has declined 19.9% in price over the past month and 39.5% over the past three months to close yesterday’s trading session at $4.74.

In addition, it is currently trading 51.7% below its 52-week high of $9.82, which it hit on December 18, 2020. Moreover, it is currently trading below its 50-day and 200-day moving averages of $5.51 and $7.02, respectively, indicating a downtrend.

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