Avinger Shares Spike To More than $12 After-Hours; Company Early Monday Announced Initiation Of Full Commercial Launch of Tigereye ST Image-Guided CTO Crossing Device
Portfolio Pulse from Charles Gross
Avinger's shares surged to over $12 in after-hours trading following the company's announcement of the full commercial launch of its Tigereye ST Image-Guided CTO Crossing Device.
September 18, 2023 | 9:14 pm
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POSITIVE IMPACT
Avinger's stock price surged in after-hours trading following the announcement of the full commercial launch of its Tigereye ST Image-Guided CTO Crossing Device.
The announcement of the full commercial launch of a new product is a positive development for a company. This news indicates that the company is progressing with its product pipeline and is ready to generate revenue from this new product. This is likely to be viewed positively by investors, leading to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100