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

In Thursday's after-market session, several health care stocks experienced significant price movements. Notable gainers included Catheter Precision (VTAK) with a 71.1% increase, Tenon Medical (TNON) up 51.31%, and Akanda (AKAN) rising 38.14%. On the losing side, NKGen Biotech (NKGN) fell 35.0%, Molecular Templates (MTEM) dropped 12.95%, and Travere Therapeutics (TVTX) decreased by 11.03%.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 8:30 pm

Tenon Medical has been granted a U.S. patent for its technology related to stabilizing sacroiliac joints. This patent could enhance the company's competitive edge in the medical device industry.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 5:30 pm

The article highlights the top 20 most-searched stocks on Benzinga Pro for September 2024, with Nvidia, SPDR S&P 500 ETF Trust, and Tesla leading the list. Newcomers to the top 10 include Wheeler Real Estate, Galmed, Intel, and Intuitive Machines, driven by recent catalysts. The list also features several penny stocks and notable names like Trump Media & Technology Group.

Portfolio Pulse from Chris Katje

October 02, 2024 | 8:18 pm

The article highlights the intraday movements of several healthcare stocks on Wednesday. Notable gainers include Tenon Medical, Bone Biologics, and CERo Therapeutics, while Sharps Technology, Senti Biosciences, and Windtree Therapeutics were among the losers.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 2:42 pm

Tenon Medical Inc (NASDAQ:TNON) shares surged by 21.3% after announcing the issuance of three notices of allowance for patent applications related to SI joint prostheses. These patents are expected to enhance Tenon's intellectual property portfolio, supporting the commercialization of its Catamaran SI Joint Fusion System.

Portfolio Pulse from Henry Khederian

September 20, 2024 | 2:29 pm

FedEx shares dropped 13% after disappointing Q1 results and a cut in FY25 guidance, despite Baird maintaining an Outperform rating but lowering the price target. Tenon Medical shares surged 85% following the issuance of three patent notices. GENFIT shares rose 22% after reporting H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 12:29 pm

Tenon Medical shares rise following the announcement of three notices of allowance for patent applications from the USPTO.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 11:44 am

Nike shares surged 7% in pre-market trading following the announcement of Elliott Hill as the new CEO. Other stocks also showed significant pre-market movements, including Banzai International, Battalion Oil, and FedEx, which reported weaker-than-expected results.

Portfolio Pulse from Avi Kapoor

September 20, 2024 | 10:00 am

Tenon Medical shares rose following the announcement of three notices of allowance for patent applications from the USPTO.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:09 pm

Tenon Medical has received three Notices of Allowance for its patent applications from the USPTO, indicating that the patents will be granted soon. This development could enhance Tenon Medical's intellectual property portfolio.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:09 pm

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