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.
More articles on orthopedic devices:
A new powerhouse in the extremities market? 8 things to know about the Wright Medical Group-Tornier merger
10 key points on minimally invasive SI joint fusion: 5-year data
Zyga Technology’s Glyder Facet Restoration Device receives CE mark of approval
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
