Zebra Technologies Corp. Cl A Stock Rises Monday, Still Underperforms Market

Silk Road Medical Inc

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SILK Silk Road Medical Inc

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Health Care : Health Care Equipment & Supplies | Small Cap Blend

Company profile

Silk Road Medical, Inc. is a medical device company, which is focused on reducing the risk of stroke and its devastating impact. The Company has discovered an approach for the treatment of carotid artery disease called TransCarotid Artery Revascularization (TCAR), which relies on two concepts: minimally invasive direct carotid access in the neck and high-rate blood flow reversal during the procedure to protect the brain and combines the benefits of innovative endovascular techniques with fundamental surgical principles. The Company's ENROUTE Transcarotid Neuroprotection System (NPS) and ENROUTE Transcarotid Stent System are the products for use in TCAR. Its ENROUTE Transcarotid Stent System is placed during a period of temporary high-rate blood flow reversal, which is enabled by its ENROUTE Transcarotid NPS. It markets and sells its products in the United States through a direct sales organization consisting of approximately 64 sales representatives and 62 clinical support specialists.

Zebra Technologies Corp. Cl A Stock Rises Monday, Still Underperforms Market

5:34 pm ET October 17, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Zebra Technologies Corp. Cl A (ZBRA) rose 2.36% to $261.64 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.65% to 3,677.95 and the Dow Jones Industrial Average rising 1.86% to 30,185.82. Zebra Technologies Corp. Cl A closed $353.36 short of its 52-week high ($615.00), which the company reached on December 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Danaher Corp. (DHR) rose 2.45% to $259.93, Hitachi Ltd. ADR (6501.TO) rose 2.17% to $87.30, and HP Inc. (HPQ) rose 0.98% to $25.69. Trading volume (338,012) remained 11,147 below its 50-day average volume of 349,159.

Data source: Dow Jones Market Data, FactSet. Data compiled October 17, 2022.

(END) Dow Jones Newswires

October 17, 2022 17:34 ET (21:34 GMT)