Wednesday, June 25, 2014

NeuroMetrix (NURO) is Making Progress in Japan

NeuroMetrix (NURO), a GDT::Portfolio bottom feeder, closed yesterday (02014.06.24) up 19% at $2.24 after hitting an intra-day high of $2.61. Volume was 3.3 million vs. trailing-3-month average of 0.1 million. [Note: There are ~6 million NURO shares with ~31% closely held.] Press release title: "NeuroMetrix Reports Japan Regulatory Approval for NC-stat DPNCheck".

This morning (02014.06.25), in pre-market trading, NURO is down almost 20%. Press release title: "NeuroMetrix Announces $8 Million Preferred Stock Placement".

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