Monday, August 6, 2012

NeuroMetrix Pops?

The market just opened (02012.08.06) and there's some news concerning NeuroMetrix (NURO) that must be "good" news. After the first 30 minutes of trading, trading volume was already 10-times the trailing-3-month average. NURO closed last week at $0.65. Today, NURO opened at $0.68 and spiked to $0.84 before dropping to its current price of $0.72.

TheFlyOnTheWall.com reported "NeuroMetrix receives 510(k) premarket notification for pain relief device".

I'll probably edit (update) this posting when I learn more.

[02012.08.06] Via Briefing.com: NeuroMetrix "confirmed that is has received 510(k) clearance for its SENSUS Pain Management device from the FDA." NURO closed today at $0.80, up 23% for the day. Intra-day high was $0.85. Volume, at 990,472 shares, was almost 16-times the trailing-3-month average and ~8% of the float.

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