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Founded by Dr. Jonathan Rothberg in 2011, Butterfly has created the world's first handheld, single-probe whole-body ultrasound system using its patented Ultrasound-on-Chip™ semiconductor technology. Butterfly's mission is to democratize medical imaging and contribute to the aspiration of global health equity, including for the 4.7 billion people around the world lacking access to ultrasound. Butterfly is paving the way for earlier detection and remote management of health conditions around the world. The Butterfly iQ can be purchased today by healthcare practitioners in the United States, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Butterfly iQ is a prescription device intended for trained and qualified healthcare professionals only.
Gainers: MSP Recovery (LIFW) +131%. Bluejay Diagnostics (BJDX) +66%
Butterfly Network (BFLY) shares slipped 3.7% on Monday after the company disclosed on Friday that chief technology officer Stoica Andrei G sold 11.7K class A common…
U.S. stocks traded higher, with the Dow Jones gaining around 100 points on Monday. Here are some big stocks recording losses in today’s session. IHS Holding Limited (NYSE: IHS ) shares fell 15.7% to $5.01. Granite Ridge Resources, Inc. (NYSE: GRNT ) fell 11% to $6.67. Granite Ridge Resources launched a secondary public offering of 7.1 million shares by selling stockholders. Puyi Inc. (NASDAQ: PUYI ) tumbled 9.6% to $5.20. Butterfly Network, Inc. (NYSE: BFLY ) declined 8.8% to $1.7050. Madrigal Pharmaceuticals, Inc. (NASDAQ: … Full story available on Benzinga.com
Insider Sell: Andrei Stoica Sells 11,674 Shares of Butterfly Network Inc (BFLY)
U.S. stocks traded higher, with the Dow Jones gaining around 200 points on Friday. Here are some big stocks recording gains in today’s session. Eos Energy Enterprises, Inc. (NASDAQ: EOSE ) shares surged 29.5% to $4.21 after the company announced ''Project AMAZE,'' a $500 million program to address long-duration energy storage demand. Dell Technologies Inc. (NYSE: DELL ) jumped 22.2% to $73.37 after the company reported better-than-expected second-quarter results and raised its outlook for the year. Elastic N.V. (NASDAQ: ESTC ) shares climbed 18.5% to $73.37 after the company reported better-than-expected second-quarter results and raised FY24 adj. EPS guidance. Butterfly Network, Inc. (NASDAQ: BFLY ) gained 14.2% to $2.02. Nutanix, Inc. (NASDAQ: NTNX ) shares jumped 14.1% to $35.48 as … Full story available on Benzinga.com
Butterfly Network’s Q2’23 revenues declined, and management is guiding for a YoY decline in revenues for full year. Click here for more on BFLY stock.
