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Stock impact report

STIM Stock Likely to Gain From Updated TMS Coverage [Yahoo! Finance]

Neuronetics, Inc. (STIM) 
Last neuronetics, inc. earnings: 3/3 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
STIM recently announced that additional payors have updated the coverage of TMS (transcranial magnetic stimulation). This upgrade is aimed at reducing the access barriers for patients with major depressive disorder (MDD). This expanded access will help people receive treatments, such as the company's NeuroStar TMS therapy, earlier in their treatment regimen. STIM Stock Likely Trend Following the News Following the news, STIM stock fell 1.8% to 93 cents on Friday. However, the company is gaining a high level of synergies from its continued development within the mental health space through its NeuroStar platform. We expect the latest upgraded coverage of TMS to help boost customer acceptance of the company's products, thereby motivating market sentiment in the coming days. Meanwhile, STIM currently has a market capitalization of $27.8 million. It has an earnings yield of 17.1%, higher than the industry's 12.5%. Key Benefits of the Updated TMS Coverage BlueCross BlueShield ("B Show less Read more
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