Saturday, February 4, 2012

Hanger Orthopedics Changing Its Name To Hanger

Hanger Orthopedic (HGR) has been in the GDT::Portfolio since its inception on 2000.12.22. The GDT::Portfolio was started with three "seeds" and HGR was one of them. On 02012.02.04 HGR was #10 in the portfolio.

Yesterday (02012.02.03) Hanger announced it was dropping "Orthopedics" from its corporate name. In addition, the company is changing the name of its clinics from Hanger Prosthetics & Orthotics to Hanger Clinic. These name changes make sense to me and I fully support them as the company "positions itself for [the] future."

Hanger unveils new brand identity; positions itself for future

HGR closed on 02012.02.03 at $21.19. 52-week range: $14.57 - $28.47

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