Profound Medical (PROF) Surges 6.0%: Is This an Indication of Further Gains?
PROFProfound(PROF) ZACKS·2024-07-17 21:30

Profound Medical (PROF) shares soared 6% in the last trading session to close at $9.70. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.1% gain over the past four weeks.Earlier this month, the company announced that the United States Centers for Medicare and Medicaid Services issued its proposed rules establishing, for the first time, a Category 1 CPT code for its lead-marketed product Tulsa-Pro system, approved for the ablatio ...