Presbia up big on heels of business reboot; shares ahead 150% [Seeking Alpha]
PRESBIA PLC ORDINARY SHARES (LENS)
Last presbia plc ordinary shares earnings: 8/10 04:31 pm
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US:NASDAQ Investor Relations:
investors.presbia.com/releases.cfm?view=all
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Source: Seeking Alpha
Presbia up big on heels of business reboot; shares ahead 150%Thinly traded nano cap Presbia (LENS+149.6%) is up on a healthy 30x surge in volume, albeit on turnover of only 207K shares. No particular news accounts for today's action.Last week, the company announced a realignment of strategic priorities and a cash infusion that should be sufficient to fund operations through next year.At the end of Q3, it had$7M in cash while operations consumed $10.7M during the first nine months of the year.Previously:Presbia announces board and management changes and financing proposal (Dec. 15)See all stocks on the move »
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