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Stock impact report

Tenon Medical shares hit all-time low, but still trading 27% above IPO price [Seeking Alpha]

Tenon Medical, Inc. (TNON) 
Company Research Source: Seeking Alpha
Tenon Medical shares hit all-time low, but still trading 27% above IPO priceMay 13, 2022 2:49 PM ETTNONBy:Val KennedySA News Editor2d illustrations and photos/iStock via Getty ImagesNewly public Tenon Medical (afternoon, but was still trading 27% above its initial public offering price.Shares of the medical device maker opened at $7.50 and recently changed hands at $6.53, down 26%, at approximately 2:15 p.m. ET.went public on April 27offered 3.2M shares for $5 per shareThe stock has beenvolatile in recent daysBased in California, Tenon markets a surgical implant system called The Catamaran for treatment of lower back pain associated with the sacroiliac joint.For more IPO news, visit SA’s page. Show less Read more
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