What's Going On With Tivic Health Systems (TIVC) Stock Today?
Portfolio Pulse from Erica Kollmann
Tivic Health Systems, Inc. (NASDAQ:TIVC) shares are surging on heavy trading volume, with over 19 million shares traded in the session, compared to the 100-day average of 439 thousand shares. This comes after the company announced that its ClearUP bioelectronic sinus pain relief device will be offered on AmerisourceBergen Marketplace. Despite the surge, the stock is still down by more than 30% over the last 30 days.

August 29, 2023 | 2:25 pm
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Tivic Health's stock is surging on heavy trading volume after the announcement of its ClearUP device being offered on AmerisourceBergen Marketplace.
The surge in Tivic Health's stock is likely due to the announcement of its ClearUP device being offered on AmerisourceBergen Marketplace, which could potentially increase the company's revenues. However, the stock is still down by more than 30% over the last 30 days, indicating that there may be other factors affecting the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100