Home Trending Stocks What Drove The STRATA Skin Sciences, Inc. (NASDAQ: SSKN) Stock In Extended...

What Drove The STRATA Skin Sciences, Inc. (NASDAQ: SSKN) Stock In Extended Trading?

Shares of dermatology-focused company STRATA Skin Sciences, Inc. (NASDAQ: SSKN) leapt 15.03% to $1.99 in the trading after ring of the bell on Monday. The regular session on the day was not profitable for the stock as it fell -5.46% to close at $1.73. The situation came arising after surfacing of inducement grant news to newly joined CEO.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

What drove the stock?


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Strata Skin Sciences is a medical technology company dedicated to the development, commercialization and marketing of innovative dermatologic products with a focus on Dermatology and Plastic Surgery. It specializes in the creation of equipment for the treatment of various skin conditions, including psoriasis, vitiligo, and other serious conditions.

Read More

The Company’s patented XTRAC laser delivers a target-based UVB beam for the treatment of psoriasis, vitiligo, eczema, leukoderma, and atopic dermatitis. It is estimated that over 31 million patients in the United States are suffering from these diseases alone. There are multiple patents on this technology, including the exclusive rights for the delivery of treatments to patients with vitiligo.

Yesterday, STRATA Skin Sciences announced that the Company granted equity-based awards to Robert Moccia in exchange for him accepting employment with the Company as its Chief Executive Officer and President. Same was submitted with the SEC on its Form 8-K filed on March 1, 2021, effective as of the close of trading on March 1, 2021, in accordance with Nasdaq Listing Rule 5635(c)(4).

  • A stock option was granted to Mr. Moccia to purchase 1,632,590 shares of the Company’s common stock.
  • An option with a strike price of $1.73 per share, vested over a three-year period, would be exercisable.
  • An option to purchase 544,198 shares of common stock will vest one year after the date of grant, with 136,049 more options becoming vested every three months after the first option exercised.

    Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

  • Moccia will be able to exercise the options if he remains at the company until the respective vesting date has occurred.
  • Also, the terms and conditions of the award agreement are applicable to the option granted.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

Related News

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam