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Stock impact report

ZYXI Stock Gains on the Completion of NiCO's Clinical Verification Trial [Yahoo! Finance]

Zynex, Inc. (ZYXI) 
NASDAQ:AMEX Investor Relations: zynexmed.com/ir-overview
Company Research Source: Yahoo! Finance
David MacLeod at Duke University. NiCO is likely the first Zynex monitoring product to enter a mature and growing market. The product's entry into the market will be enabled by its game-changing capabilities, like advanced laser technology and improved accuracy. Zynex looks forward to the FDA clearance as all the required clinical studies for the NiCO pulse oximeter have been completed. Following the announcement, shares of the company moved north 2.4% and closed at $8.13 on Friday. However, in the year-to-date period, ZYXI shares have lost 23.3% against the industry's 12.9% growth. The S&P 500 increased 28.1% in the same time frame. Meanwhile, ZYXI currently has a market capitalization of $259 million. In the last reported quarter, ZYXI delivered an earnings surprise of 40%. Image Source: Zacks Investment Research The NiCO pulse oximeter from Zynex uses extremely accurate laser technology to monitor blood oxygenation levels directly, unlike other pulse oximeters that solely Show less Read more
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