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Byline: TRANG HO
The Nasdaq continued on its New Year's rally with a 0.9% gain Wednesday. Volume was above average for the second straight day.
Per-Se Technologies gapped up 1.12 to 24.48, trading 4 1/2 times average volume.
Tuesday evening, Standard & Poor's announced that the health care management outsourcing and software provider will replace NDCHealth in the S&P SmallCap 600 index after Friday's close.
Per-Se is set to close a deal that day to buy NDCHealth, pending final approvals.
Matrixx Initiatives gained 2.16, or 10%, to 23.21, on more than three times typical turnover.
The maker of the Zicam cold and allergy medicines has had strong support since it touched its 50-day moving average on Dec. 12.