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

Tenon Medical has priced a public offering of 1.22 million shares and warrants, raising $4.5 million to advance its sacroiliac joint solutions.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:47 am

U.S. stocks showed mixed performance with the Dow Jones falling, while NASDAQ and S&P 500 rose. Producer prices increased by 0.2% in August, surpassing expectations. Notable stock movements included Visionary Holdings surging 191% after a significant investment announcement, while Fulcrum Therapeutics fell 61% due to a failed Phase 3 trial.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 2:23 pm

Tenon Medical Inc shares have resumed trading, which could indicate a resolution of previous issues or new developments for the company.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:52 pm

Tenon Medical's shares were temporarily halted due to a circuit breaker after a significant downside movement. Despite this, the stock is currently up by 165.0%.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:47 pm

Tenon Medical shares have resumed trading after a temporary halt. This development is significant for investors monitoring the company's stock activity.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:38 pm

Tenon Medical's shares were halted due to a circuit breaker as the stock surged by 161.4%.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:34 pm

Tenon Medical's shares are trading lower after the company implemented a 1-for-8 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:49 pm

Benzinga's Stock Whisper Index highlights five stocks that are gaining investor interest: Oracle Corporation, Novavax Inc, Wheeler Real Estate Investment Trust, Equinix Inc, and Tenon Medical Inc. Oracle is expected to report strong earnings, Novavax received FDA authorization for its COVID-19 vaccine, Wheeler saw a lawsuit dismissal, Equinix issued green bonds, and Tenon announced a reverse stock split.

Portfolio Pulse from Chris Katje

September 06, 2024 | 4:08 pm

Tenon Medical shares have resumed trading after a temporary halt. This development is significant for investors monitoring the company's stock activity.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 3:33 pm

Tenon Medical shares were halted due to a circuit breaker as the stock experienced a significant drop of 13.2%.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 3:31 pm

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