What Makes Or Breaks A Medical Innovation? Learning From Butterfly Network's Flight [Forbes]
Butterfly Network, Inc. Class A (BFLY)
Company Research
Source: Forbes
Butterfly Network, Inc. (NYSE: ), with its progressive point-of-care, pocket-sized ultrasound device, is one such company that's been trying to regain its balance since its entry into the public market in 2021. With years of market validation providing confidence and supporting proof of concept, decision to IPO (via a special purpose acquisition company or SPAC) was in service of the growth and long term sustainability of the company. Butterfly Network is seeking to democratize access to ultrasound technology. But despite having a first-of-its-kind device with the immense potential to “democratize” ultrasound use and access for all with a device cost of ~$2,000 versus existing solutions more than 10X as expensive, Butterfly's seemingly ill-timed leap into the public sphere ultimately made for a rough financial landing – while providing lessons learned for other healthcare technology vendors thinking of walking a similar path. Righting the Ship and Recapturing Revenue: Butterfly
Show less
Read more
Impact Snapshot
Event Time:
BFLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BFLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BFLY alerts
High impacting Butterfly Network, Inc. Class A news events
Weekly update
A roundup of the hottest topics
BFLY
News
- Mendaera secures $73m in funding for medical robotics expansion [Yahoo! Finance]Yahoo! Finance
- Is Achilles Therapeutics (ACHL) Stock Outpacing Its Medical Peers This Year? [Yahoo! Finance]Yahoo! Finance
- University of Rochester Medical Center Boosts Diagnostic Accuracy and Workflow Efficiency with Butterfly Network’s Enterprise Ultrasound SolutionBusiness Wire
- Butterfly Network, Inc. (NYSE: BFLY) is now covered by analysts at Lake Street Capital. They set a "buy" rating and a $3.00 price target on the stock.MarketBeat
- Fierce Names Butterfly Network as a Fierce 50 Honoree of 2024Business Wire
BFLY
Earnings
- 8/1/24 - Beat
BFLY
Sec Filings
- 9/26/24 - Form 4
- 9/24/24 - Form 144
- 9/13/24 - Form 4
- BFLY's page on the SEC website