STIM: 40%,Major Earnings Catalyst

Neuronetics reported Q2 revenue of $41.6M, up 9.1% YoY, with Greenbrook revenue up 16.8%. Adjusted EBITDA swung to a $0.3M profit from a $5.6M loss, while gross margin jumped to 51.1%. With 9.37M shares short, 33.19% short float, and 5.38 days to cover, STIM is up 20% with 4M shares traded, nearly 2x its 2.08M average volume. https://www.biospace.com/press-releases/n… NFA DD

6 comments held Reddit says 1 on reddit ↗

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u/SevenScream 1 1 day ago

I'm liking this one, got in 30 minutes ago already up 10%
u/No-Job6433 1 1 day ago

me 2
u/smytti12 1 1 day ago

Damn, feels like I missed the boat on this sprint
u/Complete_Baseball_43 OP 1 1 day ago

Just started. Its dipped too so you haven't missed much
u/smytti12 1 1 day ago

News is a bit stale for my squeeze criteria. I am sneaking into BMBL though