Avinger Stock Is Soaring Again: What's Going On?
Portfolio Pulse from Adam Eckert
Avinger Inc's stock (NASDAQ:AVGR) is trading higher following the commercial launch of its Tigereye ST image-guided CTO crossing device. The company also increased the available amount for sale under its previously disclosed at the market offering up to an additional aggregate offering price of $2,133,181. The stock has been trending across social platforms.
September 19, 2023 | 1:32 pm
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Avinger's stock is trading higher due to the launch of its new medical device and an increase in its market offering. The stock has been trending on social platforms.
The launch of a new product and an increase in the market offering are positive news for a company. This has led to increased interest in the stock, causing its price to rise. The stock's trending status on social platforms also indicates high investor interest, which can further drive up the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100