24/7 Market News Snapshot 18 September, 2024 – Venus Concept Inc. Common Stock (NASDAQ:VERO)

September 18, 2024

DENVER, Colo., 18 September, 2024 (247marketnews.com) – (NASDAQ:VERO) are discussed in this article.
Venus Concept Inc. has experienced a remarkable surge in market activity, with its stock price climbing to a high of $0.923, representing an impressive increase of 84.78% on substantial trading volume of 5.30 million shares. This considerable uptick reflects heightened investor enthusiasm and confidence in the company’s future prospects, marking what may be a crucial turning point for the firm. With technical indicators suggesting strong momentum, Venus Concept is emerging as a stock of significant interest for investors.

Concurrently, the company has announced the clearance received from the Therapeutic Goods Administration (TGA) for the launch of its latest innovation, the Venus Bliss MAX system. This advanced body treatment platform integrates three leading technologies into one cohesive system, providing aesthetic clinicians with a comprehensive solution for body shaping. The Venus Bliss MAX features the proprietary (MP)2 applicator, which utilizes Multi-Polar Radio Frequency and Pulsed Electro Magnetic Fields, coupled with VariPulse™ technology for effective cellulite reduction and skin enhancement. Furthermore, it includes FlexMax EMS applicators for muscle conditioning and a specialized diode laser for fat reduction, effectively catering to a diverse range of practitioner and client needs.

Dr. Hemanth Varghese, President and Chief Operating Officer of Venus Concept, expressed excitement over the positive global feedback received for the Venus Bliss MAX, indicating strong market potential. He emphasized the company’s commitment to innovation in the medical aesthetic technology arena, reinforcing its leadership position and ensuring that both practitioners and clients benefit from cutting-edge solutions.

With its strategic advancements and robust product portfolio, Venus Concept is well-positioned to redefine body treatment offerings globally, enhancing the capabilities of aesthetic professionals and supporting individuals in their health and beauty endeavors.

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