SCWorx shares surge 66.59% after-hours after securing new academic hospital data management deal.

SCWorx (WORX) surged 66.59% in after-hours trading following the announcement of a new customer agreement with a Midwest-based academic hospital organization. The undisclosed deal involves providing data cleanse and enrichment services to support the hospital’s Workday initiatives, aiming to improve data consistency and operational workflows. The CEO highlighted growing interest in SCWorx’s solutions within academic healthcare, reinforcing the strategic significance of the partnership. While financial terms were not disclosed, the deal aligns with the company’s focus on expanding its healthcare data management offerings. This news, combined with recent contract renewals and extended Nasdaq compliance deadlines, likely drove the sharp after-hours rally, signaling renewed investor confidence in SCWorx’s market positioning despite its broader financial challenges.