K2M’s stock shoots up 8.44% ahead of 3Q financial report release — 5 things to know

Yesterday K2M’s stock shot up 8.44 percent, placing it among the highest growth stocks on the Russell 2000 for the day, according to an Equities.com report.

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Here are five quick facts about K2M’s stock:

 

•    Yesterday’s gain was $1.19 per share.
•    Around 80,709 shares were traded in 668 trades, compared to the daily average of 105,419 shares.
•    The intraday stock price range was $14.09 to $15.50 after opening at $14.09.
•    The company’s market cap was $567.5 million after yesterday’s gains.
•    50-day SMA is $14.16.

 

The company plans to release its third quarter financial report today, with a conference call this evening at 5 p.m., EST. In the third quarter, the company received FDA clearance for the MESA hooks used in complex spine procedures and presented the EVEREST Minimally Invasive Spinal System at the Society for Minimally Invasive Spinal Surgery Global Forum.

 

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