Magellan to ring Nasdaq’s bell Wed.

Magellan Health Services Inc. in Avon gets the rare opportunity to formally open Nasdaq’s daily trading Wednesday at the exchange’s facility located in New York’s Times Square.

In honor of his scheduled visit to Nasdaq’s facilities, Magellan Chairman and CEO Rene Lerer will “ring” the opening bell at the exchange’s broadcast studio at 9:30 a.m., officials  said.

Actually, it’s more like pressing a button that simulates the sound of a clanging bell, says a Magellan spokeswoman, adding that Lerer is excited about the event.

Magellan will celebrate in January its seventh anniversary as a Nasdaq-listed stock.

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