Ra Medical Systems Announces Name And Ticker Symbol Changes; Name Change To Catheter Precision, Inc. Is Effective On August 17, 2023, With Trading Under New Ticker Symbol 'VTAK' To Begin On August 18, 2023
Portfolio Pulse from Happy Mohamed
Ra Medical Systems, Inc. (NYSE:RMED) has announced a name change to Catheter Precision, Inc. effective August 17, 2023. The company will also change its ticker symbol to 'VTAK' starting August 18, 2023. The change signifies the company's shift from laser catheter business to focus solely on cardiac electrophysiology.
August 17, 2023 | 12:06 pm
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Ra Medical Systems is changing its name and ticker symbol, indicating a shift in business focus. This could potentially impact the company's stock price.
The name and ticker change signifies a shift in the company's business focus. While this could potentially attract new investors interested in the cardiac electrophysiology sector, it could also lead to uncertainty among existing investors, leading to potential short-term volatility in the stock price.
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