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.
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%.