February 24, 2024

NanoVibronix following through on Yesterday’s FDA 510(k) Premarket Clearance Announcement

(24/7 MARKET NEWS) – NanoVibronix, Inc. (NASDAQ:NAOV) announced, late yesterday afternoon that it received FDA 510(k) clearance of its PainShield® MD PLUS, its dual-actuator ultrasound pain therapy device, which is considered a key commercialization process milestone.

Taboola is trading in this morning’s premarket at $0.7348, up $0.1019 (+16.10%), on nearly 2.3 million premarket shares.

It opened yesterday at $0.27 and was trading at about 40 cents when the Company published this announcement, shortly after 3 p.m. and closed near its $0.645 high, at $0.6329, up $0.3738 (+144.27%), on 30,084,776 shares.

Its 52-week range is $0.25 to $1.36, with its next inflection point at $0.78, its July high, which, if it’s able to break through on high volume could signal a potential run to its March and April trading levels above $1.

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