CVRx (CVRX) Stock Jumps 33.9%: Will It Continue to Soar? [Yahoo! Finance]
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CVRx, Inc. (CVRX)
Company Research
Source: Yahoo! Finance
This compares to the stock's 19.9% loss over the past four weeks. CVRx scored a strong price increase driven by the optimism surrounding the company's recent presentation at William Blair 44rd Annual Growth Stock Conference held on Jun 5, 2024. The company drew attention to the massive $2.2 billion U.S. annual net addressable market for Barostim device and plans to drive the therapy to a standard of care. In addition, CVRx reaffirmed its financial outlook for the second quarter and full year 2024, issued during the first quarter earnings call. This medical device company is expected to post quarterly loss of $0.51 per share in its upcoming report, which represents a year-over-year change of +8.9%. Revenues are expected to be $11.84 million, up 24.6% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and
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CVRX
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of CVRx, Inc. - CVRXAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of CVRx, Inc. - CVRXPR Newswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of CVRx, Inc. - CVRXGlobeNewswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of CVRx, Inc. - CVRXAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of CVRx, Inc. - CVRXPR Newswire
CVRX
Earnings
- 4/30/24 - Miss
CVRX
Sec Filings
- 6/7/24 - Form 4/A
- 6/7/24 - Form 4/A
- 6/7/24 - Form 4/A
- CVRX's page on the SEC website