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?


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s 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

Why Is BTZI Stock Increasing Today?

The stock price of BOTS, Inc. (OTCPink: BTZI) has been rising more than 7% today and was buoying at $0.1266 at the last check....

Why Has The KBSF Stock Price Gained 10% In Last Session?

As of Friday's normal trading session, the price of KBS Fashion Group Limited (NASDAQ: KBSF) rose $0.26 or 9.96% to conclude at $2.87. KBS...

Why Royal Bank of Canada (RY) stock plummeted in after-hours on Friday?

Royal Bank of Canada (RY) stock lost 64.36% in the extended hour trading session on Friday, April 16, 2021. The RY stock gained merely...

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

Why Progyny Inc (PGNY) stock gained on Thursday, April 15?

Progyny Inc (PGNY) stock gained 7.31% in the after-hours session on Thursday, April 15, 2021, after it gained 0.94% in the early session.  PGNY...

Is This Why The APLD Stock Skyrocketed Last Trading?

Applied Science Products, Inc. (OTCPK: APLD) closed at $0.635 and experienced a 215.92% increase on Friday. A total of 2.07M shares of Applied Science...

The CRSS Stock Increased 82% In The Last Session Due To What?

Stock of Crossroads Systems, Inc. (OTCQX: CRSS) gained 81.82% or $18.00 in Friday's trading session, closing the day at $40.00 a share. Crossroads Systems...

How Did The ZVO Stock Appreciate 9% In The Last Trading Session?

Zovio Inc (NASDAQ: ZVO) normally sees about 413.34K shares traded on a regular business day but on a Friday it saw a bit higher...

Related News

Why Is BTZI Stock Increasing Today?

The stock price of BOTS, Inc. (OTCPink: BTZI) has been rising more than 7% today and was buoying at $0.1266 at the last check....

Why Has The KBSF Stock Price Gained 10% In Last Session?

As of Friday's normal trading session, the price of KBS Fashion Group Limited (NASDAQ: KBSF) rose $0.26 or 9.96% to conclude at $2.87. KBS...

Why Royal Bank of Canada (RY) stock plummeted in after-hours on Friday?

Royal Bank of Canada (RY) stock lost 64.36% in the extended hour trading session on Friday, April 16, 2021. The RY stock gained merely...

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

Why Progyny Inc (PGNY) stock gained on Thursday, April 15?

Progyny Inc (PGNY) stock gained 7.31% in the after-hours session on Thursday, April 15, 2021, after it gained 0.94% in the early session.  PGNY...

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

Get The Best Stocks To Trade Every Day!

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

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.