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Stock impact report

ANGO Stock Rises Following the Receipt of CPT Category I Code for IRE [Yahoo! Finance]

AngioDynamics, Inc. (ANGO) 
Last angiodynamics, inc. earnings: 4/7 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
ANGO recently announced that Irreversible Electroporation (IRE) has received Current Procedural Terminology (CPT) Category I codes for the treatment of lesions in the prostate and liver. CPT Category I codes are reserved for services and procedures that have demonstrated clinical efficacy, widespread use and proven value in the medical community. The recognition of IRE under these codes follows rigorous clinical studies and peer-reviewed data using the NanoKnife System that met the requirements for Category I CPT codes. Likely Trend of ANGO Stock Following the News Following the announcement, shares of the company moved nearly 11.2% north to $7.27 at yesterday's close. However, for the year-to-date period, ANGO shares have declined 7.3% against the industry's rise of 8.4%. The S&P 500 increased 22.7% in the same time frame. Meanwhile, ANGO currently has a market capitalization of $265.8 million. In the last reported quarter, ANGO delivered an earnings surprise of 26.7%. Imag Show less Read more
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