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

During Tuesday's pre-market session, several health care stocks experienced significant movements. Tenon Medical, Cosmos Health, Avalo Therapeutics, Lyra Therapeutics, MoonLake, and T2 Biosystems saw increases in their share prices, while Sight Sciences, Orthofix Medical, Axcella Health, NovaBay Pharmaceuticals, EUDA Health Holdings, and Elutia experienced decreases.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 1:06 pm

Tenon Medical has withdrawn its proposed public offering of shares of its common stock, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:52 pm

Tenon Medical has withdrawn its proposed public offering of shares of its common stock.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:07 pm

U.S. stocks traded higher with the Nasdaq Composite gaining over 1%. JM Smucker announced an acquisition of Hostess Brands for $5.60 billion in cash & stock. Hostess Brands shares spiked 19% following the announcement. Other notable movements include Crinetics Pharmaceuticals shares shooting up 64% after positive Phase 3 study results, Avantax shares gaining 29% after agreeing to be acquired by Cetera Holdings, and SigmaTron International shares dropping 50% after releasing Q1 earnings.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 6:31 pm

During Monday's intraday session, several healthcare stocks experienced significant movements. Crinetics Pharmaceuticals (CRNX), Novo Integrated Sciences (NVOS), Akanda (AKAN), Oncology Institute (TOI), cbdMD (YCBD), and NovaBay Pharmaceuticals (NBY) saw their stocks rise, with CRNX leading the gainers with a 63.8% increase. On the other hand, Tenon Medical (TNON), Axcella Health (AXLA), Synlogic (SYBX), Hillstream BioPharma (HILS), NeuBase Therapeutics (NBSE), and Nuwellis (NUWE) experienced a decrease in their stock prices, with TNON leading the losers with a 39.9% decrease.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 5:31 pm

U.S. stocks traded higher with the Nasdaq Composite gaining around 80 points. Virco Mfg. Corporation's shares jumped around 12% after reporting better-than-expected Q2 earnings. NovaBay Pharmaceuticals, Crinetics Pharmaceuticals, and Avantax shares also surged. SigmaTron International, Tenon Medical, and Granite Ridge Resources shares dropped.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 4:03 pm

Tenon Medical Inc (NASDAQ:TNON) shares dropped by 27.2% after the company announced a proposed public offering of common stock. The offering is contingent on market conditions and other factors, with no guarantee on the timing or completion of the offering. Maxim Group LLC is acting as the sole placement agent.

Portfolio Pulse from Henry Khederian

September 11, 2023 | 1:43 pm

US stocks traded higher with the Dow, Nasdaq, and S&P 500 all seeing gains. Virco Mfg. Corporation reported better-than-expected Q2 earnings. NovaBay Pharmaceuticals, Crinetics Pharmaceuticals, and Versus Systems saw their shares rise significantly. SigmaTron International, Tenon Medical, and Solowin Holdings saw their shares drop. No major US economic releases were announced.

Portfolio Pulse from Lisa Levin

September 11, 2023 | 1:39 pm

Several healthcare stocks experienced significant movement in Monday's pre-market session. NovaBay Pharmaceuticals, Crinetics Pharmaceuticals, Plus Therapeutics, Virax Biolabs Group, Intelligent Bio Solutions, and Petros Pharma saw gains, while Tenon Medical, Elutia, Impel Pharmaceuticals, Axcella Health, cbdMD, and Trevena experienced losses.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 1:06 pm

Tenon Medical has announced a proposed public offering of common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 12:27 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.