Streetbeat News

TNON

Tenon Medical, Inc.

https://www.tenonmed.com

Industry

Medical - Devices

Tenon Medical, Inc., a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and corresponding outcomes. It sells The CATAMARAN SIJ Fusion System that includes instruments and implants designed to prepare and fixate the SI-Joint for fusion in the United States and Puerto Rico. The company was founded in 2012 and is based in Los Gatos, California.

Open

2.69

Mkt cap

8.5M

Volume

145K

High

2.77

P/E Ratio

-0.10

52-wk high

20.00

Low

2.61

Div yield

N/A

52-wk low

2.61

Shares of Tenon Medical, Inc. (TNON), Axcella Health Inc. (AXLA), Courtside Group, Inc. (PODC), Impel Pharmaceuticals Inc. (IMPL), MIRA Pharmaceuticals, Inc. (MIRA), Nuwellis, Inc. (NUWE), Hitek Global Inc. (HKIT), WANG & LEE GROUP, Inc. (WLGS), AEye, Inc. (LIDR), and Magenta Therapeutics, Inc. (MGTA) are trading lower in pre-market. The drop in TNON's shares is due to a proposed public offering of common stock.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 12:10 pm

Oracle Corporation, Tenon Medical, Bowlero Corp., Semtech Corporation, and Casey's General Stores are the stocks to watch heading into Monday. Oracle and Casey's are expected to report their quarterly earnings after the closing bell. Tenon Medical announced a proposed public offering of common stock. Bowlero is expected to release its earnings before the markets open. Semtech named Mark Lin as its new Executive Vice President and CFO.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 7:12 am

During Friday's after-market session, several health care stocks experienced significant movement. Cingulate (CING), Clene (CLNN), Elutia (ELUT), Etao International Co (ETAO), Atossa Therapeutics (ATOS), and Renalytix (RNLX) saw their stocks rise, with Cingulate leading the gainers with a 19.4% increase. On the other hand, Tenon Medical (TNON), Axcella Health (AXLA), Alzamend Neuro (ALZN), NRX Pharmaceuticals (NRXP), Trevena (TRVN), and Inspire Veterinary (IVP) saw their stocks fall, with Tenon Medical leading the losers with a 30.3% decrease.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:31 pm

Tenon Medical, Inc. (NASDAQ:TNON) has announced a public offering of its common stock. The size and amount of the offering have not been disclosed. The offering is subject to market and other conditions, and there is no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Maxim Group LLC is acting as the sole placement agent for the offering.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 9:01 pm

Tenon Medical has announced that the first patients have been treated with its new JIB Instrument Kit for the company's Catamaran SI Joint Fusion System.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:14 am

Several healthcare stocks experienced significant movement in Tuesday's after-market session. Gainers included Novo Integrated Sciences (NVOS), Nexalin Technology (NXL), T2 Biosystems (TTOO), MSP Recovery (LIFW), Alzamend Neuro (ALZN), and Tenon Medical (TNON). Losers included Impel Pharmaceuticals (IMPL), Tempest Therapeutics (TPST), Eloxx Pharmaceuticals (ELOX), Aeglea BioTherapeutics (AGLE), Kezar Life Sciences (KZR), and Cingulate (CING). Several companies recently released their Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 9:32 pm

In Wednesday's after-market session, several healthcare stocks saw significant movement. Vistagen Therapeutics, AIM ImmunoTech, Tenon Medical, Virpax Pharmaceuticals, PMV Pharma, and LogicMark saw gains ranging from 9.31% to 22.5%. On the other hand, Galera Therapeutics, Organogenesis Hldgs, Matinas BioPharma Hldgs, Infinity Pharmaceuticals, Akso Health Group, and Aceragen saw declines ranging from 9.3% to 83.2%.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 9:32 pm

Tenon Medical (NASDAQ:TNON) reported Q2 EPS of $(0.33), beating the estimate of $(0.38) by 13.16%. However, the company's sales of $743.00K missed the estimate of $1.00M by 25.70%. Despite the miss, this represents a 450.37% increase in sales compared to the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 08, 2023 | 8:27 pm

Squarespace shares rose 7.2% after announcing a definitive agreement to acquire Google Domains assets. Other stocks experienced significant gains, including Oncorus, Evelo Biosciences, Navidea Biopharmaceuticals, and Virgin Galactic Holdings.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 5:08 pm

In pre-market trading, shares of Evelo Biosciences, Plutonian Acquisition Corp., Humanigen, Virgin Galactic Holdings, COMSovereign Holding Corp., Nikola Corporation, FingerMotion, Cohen & Company, OpGen, and Infinity Pharmaceuticals gained significantly. Meanwhile, Applied UV, Clene Inc., Creative Medical Technology Holdings, SCWorx Corp., EdtechX Holdings Acquisition Corp. II, Leju Holdings Limited, VIQ Solutions, Tenon Medical, Verastem, and Planet Green Holdings Corp. saw their shares drop.

Portfolio Pulse from Lisa Levin

June 16, 2023 | 12:11 pm

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