Vicarious Surgical Inc. (RBOT) shares surged 13.28% in after-hours on Friday, December 03, 2021, and closed the daily trading at $11.86. However, in the regular trading session, RBOT’s stock lost 18.20%. RBOT shares have risen 7.06% over the last 12 months, and they have moved down 18.20% in the past week. Over the past three months, the stock has gained 4.80%, while over the past six months, it has gained5.76%.
Let’s discuss its recent developments briefly.
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
>> 7 Top Picks for the Post-Pandemic Economy <<
RBOT participation in recent events
Vicarious Surgical Inc. recently participated in a fireside chat at the Piper Sandler 33rd Annual Virtual Healthcare Conference, which was held on November 22, 2021.
Read More
RBOT management also participated in the Canaccord Genuity MedTech, Diagnostics and Digital Health & Services Forum, which was held on November 18, 2021.
The company participated in the Credit Suisse 30th Annual Healthcare Conference, which was held on November 11, 2021.
RBOT latest financial results
On November 08, 2021, Vicarious Surgical Inc. ( RBOT), announced third quarter 2021 financial results.
Q3 2021 financial highlights
- There was no revenue generated in Q3 2021.
- Total operating expenses were $8.6 million for the third quarter of 2021, compared to $3.3 million in the third quarter of 2020.
- RBOT suffered a net loss of $65.5 million in Q3 2021 or a net loss per share of $0.71 compared to a net loss of $3.3 million or a loss of $0.04 per share for the same period of the prior year.
- As of September 30, 2021, the company had cash, cash equivalents, and short-term investments of $185 million.
RBOT expanding its footprints
On October 20, 2021, Vicarious Surgical Inc (RBOT), executed a long-term lease agreement providing an additional 30,000 square feet in Waltham, MA. The new facility will expand manufacturing facilities and include four operating rooms for demonstration and testing.
>> 7 Top Picks for the Post-Pandemic Economy <<
Conclusion
There was no recent news or development behind its loss and gains on Friday. we can’t predict how it will perform on Monday?
