Let’s peep at facts why BIOLASE, Inc. (BIOL) shares jumped in the AH session

BIOLASE, Inc. (NASDAQ: BIOL),the stock rose 26.48% to $0.418 in the post-market hours on ‎Wednesday. Stocks have surged for no apparent reason apart from overexcited investors, ‎since the only news affecting stocks so far last week was on December 17, 2020,when the ‎company revealed a collaboration with the BMW Performance Center West The BMW PCW ‎Thermal Club gives dentists a rare chance to attend Waterlase Weekends, both a four-hour ‎experience at the BMW PCW. Also, dentists around the US will compete in a sweepstake* to ‎receive a one-year BMW vehicle lease.‎

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‎Those who participate in the BIOLASE Waterlase Exclusive Trial Program receive ‎free, two-day training that provides an in-depth understanding of dental lasers. A ‎Waterlase dental laser will be provided in their dental offices free of charge for up to ‎‎45 days with an experienced Waterlase clinician on hand to help. During the trial ‎period participating dentists will receive a complimentary Waterlase Weekend that ‎includes a four-hour event at the BMW PCW. Also, dentists participating in the ‎Waterlase Exclusive Trial Program 2021 will have a chance to win a one-year lease ‎on a BMW M5. ‎

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The healthcare giant has a total of 157 employees and a market cap of 32.68M. ‎Meanwhile its shareswere trading 13.34% away from the the 50-day Simple Moving ‎Average. The firm’s weekly performance was 17.41% compared to its annual ‎performance of -33.26%.

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