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What Has Led To A 12% Rise In InspireMD (NSPR) Stock Price In Extended Trading?

LPTX Stock

LPTX Stock

The shares of InspireMD Inc. (NYSE: NSPR) rose as much as 12.54% in after-market trading to trade at $0.5214. InspireMD stock closed Friday’s regular session at $0.46, a gain of 2.96%. A total of 4.71 million shares of NSPR stock were exchanged, less than the average daily volume of 8.92 million shares of NSPR stock over the last 50 days. Over the year, NSPR stock declined by -36.55% and improved by 13.10% during the previous week. The recent corporate development update has caused the price of NSPR stock to increase.

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What were the updates?

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As an industry leader in carotid stenting, InspireMD seeks to use MicroNet technology to offer outstanding acute results and durable, stroke-free outcomes. The NSPR also provides the CGuard Embolic Prevention System (EPS) for reducing stroke risk sustained during treatment of Carotid Artery Disease (CAD).

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A recent update on corporate developments was provided by InspireMD last week.

NSPR’s potential:

A combination of InspireMD (NSPR)’s business model, superior technology platform, and timing matched with stenting’s rapid growth leads to CGuard’s position as a market leader in carotid stenting.

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