Why Is Augmedix (AUGX) Stock Up 150% Today?

Amid a sea of red in today’s stock market, AI medical documentation and data solutions company Augmedix (NASDAQ:AUGX) is certainly among the standout winners. Shares of AUGX stock have skyrocketed 150% in afternoon trading on a rather substantial announcement.The company is set to combine with healthcare technology company Commure in a $139 million deal. Investors will receive$2.35 per share in an all-cash transaction. Accordingly, with shares now trading just pennies shy of this price, it appears the mark ...