Ultime notizie per Movano (NASDAQ:MOVE) Azioni

Movano

Movano Inc is developing a platform to deliver purpose-driven healthcare solutions to bring medical-grade, high-quality data to the forefront of consumer health devices. its initial commercial product in development is the Evie Ring, a wearable designed specifically for women. The Evie Ring combines health and wellness metrics to give a full picture of one's health, which includes resting heart rate, heart rate variability (HRV), blood oxygen saturation (SpO2), respiration rate, skin temperature variability, period and ovulation tracking, menstrual symptom tracking, activity profile, including steps, active minutes and calories burned, sleep stages and duration, and mood tracking.

Movano Inc

Moveix Inc

MOVELLA HOLDINGS INC by Movella Holdings Inc.

Movella Holdings Inc

Movella Holdings Inc Warrants (10/02/2028)

MOVEMENT INDS CORP by MOVEMENT INDS CORP.

Movement Industries Corp

Company Continues to Work with Securities Regulators, Legal Advisors and Other Partners to Protect Interests of Shareholders
PLEASANTON, Calif., Nov. 4, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4293748-1&amp;h=94530872&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3935481-1%26h%3D2367110993%26u%3Dhttps%253A%252F%252Fmovanohealth.com%252F%26a%3DMovano%2BHealth&amp;a=Movano+Health">Movano Health</a>&nbsp;(Nasdaq:&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4293748-1&amp;h=4107177806&amp;u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fmovano-health-achieves-major-milestone-with-first-fda-filing-for-evie-rings-pulse-oximeter-301892244.html%3Ftc%3Deml_cleartime%23financial-modal&amp;a=MOVE">MOVE</a>) (the "Company") provided an update on&nbsp;an investigation to expose apparent manipulation in trading of the Company's common shares, following the recent announcement of a shareholder approved reverse stock split.
Based on its preliminary investigation, the Company believes that between the announcement of the reverse split on October 25, 2024, and its effective date on October 29, 2024, a large number of single share transactions were executed in an apparent attempt to take advantage of the convention of rounding up reverse split fractional shares at the beneficial owner level.&nbsp; The Company was able to uncover this activity before any round up shares were issued and continues to expect the number of common shares outstanding to be approximately 6.6 million following the reverse split.

News

Short Sellers

Trading Ideas

MOVE

Movano Health Continues To Work With Securities Regulators, Legal Advisors And Other Partners To Protect Interests Of Shareholders

Company remains optimistic on the potential for this pioneering healthcare solution
PLEASANTON, Calif., Nov. 4, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4293790-1&amp;h=567184787&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3935481-1%26h%3D2367110993%26u%3Dhttps%253A%252F%252Fmovanohealth.com%252F%26a%3DMovano%2BHealth&amp;a=Movano+Health">Movano Health</a>&nbsp;(NASDAQ:&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4293790-1&amp;h=3500306405&amp;u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fmovano-health-achieves-major-milestone-with-first-fda-filing-for-evie-rings-pulse-oximeter-301892244.html%3Ftc%3Deml_cleartime%23financial-modal&amp;a=MOVE">MOVE</a>) announced today that it has submitted a complete response package to the FDA as part of the final phase of the Company's 510(k) application review of the EvieMED Ring. The Company remains optimistic on EvieMED's potential for 510(k) clearance.

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General

Movano Health Submits A Complete Response Package To The FDA As Part Of The Final Phase Of The Company's 510(k) Application Review Of The EvieMED Ring

<h3>Gainers</h3>
<ul>
<li>Helport AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPAI#NASDAQ">HPAI</a>) shares increased by 8.7% to $6.6 during Friday's after-market session. The company's market cap stands at $245.0 million. As per the news, the FY earnings report came out yesterday. </li>
<li>Focus Universal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCUV#NASDAQ">FCUV</a>) shares rose 7.94% to $0.27. The market value of their outstanding shares is at $18.1 million. </li>
<li>Wetouch Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WETH#NASDAQ">WETH</a>) stock rose 6.28% to $1.69. The company's market cap stands at $20.1 million. </li>
<li>LeddarTech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDTC#NASDAQ">LDTC</a>) stock moved upwards by 5.87% to $0.25. The market value of their outstanding shares is at $7.2 million. </li>
<li>Saiheat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIH#NASDAQ">SAIH</a>) shares increased by 4.85% to $1.08. The company's market cap stands at $26.6 million. </li>
<li>Allegro Microsystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGM#NASDAQ">ALGM</a>) shares moved upwards by 4.17% to $21.98. The company's market cap stands at $4.0 billion. The company's, Q2 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>ReAlpha Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) stock fell 5.4% to $1.05 during Friday's after-market session. The market value of their outstanding shares is at $46.6 million. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock declined by 5.32% to $0.27. The company's market cap stands at $4.0 million. </li>
<li>Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) shares decreased by 5.1% to $3.54. The company's market cap stands at $23.3 million. </li>
<li>Porch Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCH#NASDAQ">PRCH</a>) stock decreased by 4.55% to $2.11. The company's market cap stands at $211.9 million. </li>
<li>BTC Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCT#NASDAQ">BTCT</a>) shares declined by 3.55% to $1.62. The company's market cap stands at $4.2 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares declined by 3.15% to $3.08. The company's market cap stands at $63.2 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Friday's After-Market Session

Legal

Movano Health To Investigate Possible Stock Manipulation Following Reverse Split

Trading Halt: Halt status updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Shares Expected to Begin Trading on Split-Adjusted Basis on October 29, 2024
PLEASANTON, Calif., Oct. 25, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4286849-1&amp;h=3724857928&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3935481-1%26h%3D2367110993%26u%3Dhttps%253A%252F%252Fmovanohealth.com%252F%26a%3DMovano%2BHealth&amp;a=Movano+Health">Movano Health</a>&nbsp;(Nasdaq:&nbsp;MOVE) announced today that it will implement a 1-for-15 reverse stock split of the issued shares of its common stock (the "Reverse Stock Split"), effective at 12:01 a.m. Eastern time on October 29, 2024. The Company's common stock is expected to begin trading on a split-adjusted basis when the market opens on Tuesday, October 29, 2024, and will continue to trade on The Nasdaq Capital Market under the symbol "MOVE." The new CUSIP number for the common stock will be 62459M 206.

Stock Split

Movano Health Announces 1-For-15 Reverse Stock Split, Shares Expected To Begin Trading On Split-Adjusted Basis On October 29, 2024

A successful response to requests for additional information would bring the Company one step closer to introducing this pioneering healthcare product to the market
PLEASANTON, Calif., Oct. 24, 2024 /PRNewswire/ -- <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4286003-1&amp;h=1705927390&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3935481-1%26h%3D2367110993%26u%3Dhttps%253A%252F%252Fmovanohealth.com%252F%26a%3DMovano%2BHealth&amp;a=Movano+Health">Movano Health</a>&nbsp;(Nasdaq:&nbsp;MOVE) announced today that it plans to submit updated responses next week to all clarifying questions that it recently received from the FDA as part of the final phase of the Company's 510(k) application review. The Company secured a positive resolution this summer after responding to initial FDA questions related to EvieMED's wellness features and metrics and remains optimistic on EvieMED's potential for 510(k) clearance.

Movano Health Plans Response Submission To FDA Next Week As Part of EvieMED Final Review Phase

<h3>Gainers</h3>
<ul>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) stock moved upwards by 77.0% to $3.08 during Thursday's pre-market session. The market value of their outstanding shares is at $35.6 million. </li>
<li>ZenaTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZENA#NASDAQ">ZENA</a>) shares moved upwards by 39.72% to $2.46. The market value of their outstanding shares is at $43.4 million. </li>
<li>Sanmina (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NASDAQ">SANM</a>) shares rose 14.67% to $75.0. The company's market cap stands at $4.0 billion. </li>
<li>MaxLinear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>) stock rose 11.16% to $16.53. The market value of their outstanding shares is at $1.3 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Celestica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLS#NYSE">CLS</a>) stock moved upwards by 9.79% to $63.1. The company's market cap stands at $7.4 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) stock rose 6.03% to $0.33. The market value of their outstanding shares is at $32.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Orangekloud Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORKT#NASDAQ">ORKT</a>) stock fell 63.1% to $2.81 during Thursday's pre-market session. The company's market cap stands at $65.0 million. </li>
<li>Saverone 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) stock decreased by 29.95% to $0.1. The market value of their outstanding shares is at $2.0 million. </li>
<li>Zapata Computing Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZPTA#NASDAQ">ZPTA</a>) stock decreased by 20.05% to $0.07. The market value of their outstanding shares is at $2.8 million. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock decreased by 10.74% to $0.26. The market value of their outstanding shares is at $1.9 million. </li>
<li>Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) stock fell 5.52% to $0.56. The company's market cap stands at $55.0 million. </li>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) stock declined by 4.88% to $13.45. The company's market cap stands at $152.5 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Thursday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Zapata Computing Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZPTA#NASDAQ">ZPTA</a>) shares rose 110.2% to $0.13 during Wednesday's pre-market session. The company's market cap stands at $5.1 million. </li>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) stock rose 18.72% to $13.82. The market value of their outstanding shares is at $156.7 million. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) stock increased by 13.21% to $1.9. The market value of their outstanding shares is at $22.0 million. </li>
<li>Daqo New Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DQ#NYSE">DQ</a>) shares rose 11.76% to $23.27. The company's market cap stands at $1.5 billion. </li>
<li>AmpliTech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) shares increased by 7.69% to $1.05. The company's market cap stands at $11.6 million. </li>
<li>Socket Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCKT#NASDAQ">SCKT</a>) stock moved upwards by 7.46% to $1.44. The market value of their outstanding shares is at $10.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) stock fell 14.4% to $78.92 during Wednesday's pre-market session. The market value of their outstanding shares is at $10.6 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) stock fell 6.81% to $9.31. The market value of their outstanding shares is at $21.7 million. </li>
<li>Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) shares fell 6.56% to $0.3. The company's market cap stands at $29.7 million. </li>
<li>SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) stock declined by 5.64% to $16.59. The company's market cap stands at $950.5 million. </li>
<li>Kopin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOPN#NASDAQ">KOPN</a>) stock decreased by 5.44% to $0.75. The market value of their outstanding shares is at $119.0 million. </li>
<li>Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) stock fell 5.31% to $1.07. The market value of their outstanding shares is at $100.8 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Wednesday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Zapata Computing Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZPTA#NASDAQ">ZPTA</a>) stock rose 110.2% to $0.13 during Wednesday's pre-market session. The company's market cap stands at $5.1 million. </li>
<li>Phunware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) shares rose 18.72% to $13.82. The company's market cap stands at $156.7 million. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) shares rose 13.21% to $1.9. The market value of their outstanding shares is at $22.0 million. </li>
<li>Daqo New Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DQ#NYSE">DQ</a>) stock increased by 11.76% to $23.27. The company's market cap stands at $1.5 billion. </li>
<li>AmpliTech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMPG#NASDAQ">AMPG</a>) stock rose 7.69% to $1.05. The market value of their outstanding shares is at $11.6 million. </li>
<li>Socket Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCKT#NASDAQ">SCKT</a>) stock increased by 7.46% to $1.44. The company's market cap stands at $10.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) stock declined by 14.4% to $78.92 during Wednesday's pre-market session. The market value of their outstanding shares is at $10.6 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) shares decreased by 6.81% to $9.31. The market value of their outstanding shares is at $21.7 million. </li>
<li>Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) shares fell 6.56% to $0.3. The market value of their outstanding shares is at $29.7 million. </li>
<li>SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) shares declined by 5.64% to $16.59. The company's market cap stands at $950.5 million. </li>
<li>Kopin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOPN#NASDAQ">KOPN</a>) shares decreased by 5.44% to $0.75. The company's market cap stands at $119.0 million. </li>
<li>Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) shares declined by 5.31% to $1.07. The company's market cap stands at $100.8 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movano Health Provides Update On FDA Review Of EvieMED Ring, Receives Additional Questions In Final Phase Of 510(k) Application; Remains Optimistic On Clearance After Resolution Of Initial Wellness Features

<h3>Gainers</h3>
<ul>
<li>AMTD Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HKD#NYSE">HKD</a>) stock increased by 34.3% to $5.25 during Thursday's pre-market session. The company's market cap stands at $1.0 billion. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock rose 29.83% to $0.4. The company's market cap stands at $3.0 million. </li>
<li>Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) shares moved upwards by 7.58% to $0.38. The company's market cap stands at $37.6 million. </li>
<li>CISO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISO#NASDAQ">CISO</a>) stock rose 7.04% to $0.72. The market value of their outstanding shares is at $8.5 million. </li>
<li>XIAO-I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) stock rose 5.84% to $5.98. The company's market cap stands at $436.4 million. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) stock increased by 5.19% to $3.24. The market value of their outstanding shares is at $18.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Unusual Machines (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UMAC#AMEX">UMAC</a>) stock decreased by 21.1% to $1.2 during Thursday's pre-market session. The market value of their outstanding shares is at $15.9 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock declined by 16.05% to $0.29. The company's market cap stands at $23.6 million. </li>
<li>MMTEC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares fell 15.9% to $0.65. The company's market cap stands at $128.4 million. </li>
<li>Alpha Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATGL#NASDAQ">ATGL</a>) stock decreased by 11.67% to $4.92. The company's market cap stands at $75.0 million. </li>
<li>Ascent Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTI#NASDAQ">ASTI</a>) shares decreased by 7.85% to $2.35. The market value of their outstanding shares is at $2.4 million. </li>
<li>Kopin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOPN#NASDAQ">KOPN</a>) stock decreased by 6.55% to $0.64. The market value of their outstanding shares is at $101.9 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Benchmark analyst Bruce Jackson reiterates Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) with a Speculative Buy and maintains $2 price target.

Price Target

Reiteration

Analyst Ratings

Benchmark Reiterates Speculative Buy on Movano, Maintains $2 Price Target

Following the positive outcome of a recent agency meeting, the Company will continue to work closely with the FDA to bring this pioneering healthcare product to market
PLEASANTON, Calif., Sept. 3, 2024 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4244830-1&amp;h=1967810571&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3935481-1%26h%3D2367110993%26u%3Dhttps%253A%252F%252Fmovanohealth.com%252F%26a%3DMovano%2BHealth&amp;a=Movano+Health">Movano Health</a>&nbsp;(Nasdaq:&nbsp;MOVE) announced today that a productive in-person meeting with the FDA on August 15, 2024, resulted in a positive outcome regarding the EvieMED Ring's wellness features and metrics. Following this development, the Company will be working with the agency to move forward with the review process. The EvieMED Ring is a wearable device designed to not only provide medical device functionality through its pulse oximetry feature, but also offer numerous wellness metrics related to sleep, activity and logging of mood, energy and other characteristics.&nbsp;

Movano Health Advances To Final Phase Of FDA Review Process For EvieMED Ring

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Movano shares are trading lower. The company reported Q2 financial results.

Movano (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) reported quarterly losses of $(0.06) per share. This is a 64.71 percent increase over losses of $(0.17) per share from the same period last year.

Earnings

Movano Q2 GAAP EPS $(0.06) Up From $(0.17) YoY

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Shares of stocks in the broader tech sector are trading lower amid a sell off due to US economy concerns.

Movano shares are trading higher after Benchmark initiated coverage with a Speculative Buy.

Shares of Movano Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOVE#NASDAQ">MOVE</a>) have <a href="https://www.benzinga.com/quote/MOVE">tanked more than 50% year to date</a>.
The FDA clearance of the company's Evie ring is expected this quarter, with a full commercial launch likely later this year, according to Benchmark.
<a href="https://drupal-cloudfront.benzinga.com/topic/bruce-jackson">Analyst Bruce Jackson</a> initiated coverage of with a Speculative Buy rating and price target of $2.00.
The Movano Thesis: The company aims to serve the unmet demand for medical grade data with its proprietary 510(k) cleared ring, which is "capable of measuring blood oxygen saturation and heart rate at a level of precision that exceeds FDA standards," Jackson said in the initiation note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"The FDA clearance is important because the availability of a wearable device that is validated truly opens the market for professional use by doctors and medical researchers," the analyst wrote. "Movano is exploring multiple use cases with a variety of industry partners," he added.
A soft launch in the fourth quarter of 2023 and generated $1 million in sales during the first 10 days, "which bodes well for the full commercial launch," Jackson stated. The company plans to differentiate its device by marketing to women, he added.
MOVE Price Action: Shares of Movano had risen by 5.57% to 40 cents at the time of publication on Tuesday.
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Analyst Color

Initiation

Movano Evie Ring Could Soon Get FDA Clearance, Analyst Says: 'A Validated Wearable Device Truly Opens The Market'

What A Fed Rate Cut Really Means

Warning: MOVE is at high risk of performing badly

Movano GAAP EPS of -$0.06 beats by $0.04

Movano Inc. (MOVE) Q2 2024 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Movano (NASDAQ:<a href="https://investorplace.com/stock-quotes/move-stock-quote/">MOVE</a>) just reported results for the second quarter of 2024.<ul><li>Movano reported earnings per share of -6 cents.</li><li>The company did not report any revenue for the quarter.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/move-stock-earnings-movano-for-q2-of-2024/">MOVE Stock Earnings: Movano Reported Results for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

MOVE Stock Earnings: Movano Reported Results for Q2 2024

The latest announcement is out from Movano ( ($MOVE) ). Movano Health announced a 1-for-15 reverse stock split of its common stock to boost its bid...

Movano Implements Reverse Stock Split to Maintain Nasdaq Listing

Movano (MOVE) Health announced that it will implement a 1-for-15 reverse stock split of the issued shares of its common stock, effective at 12:01 a...

Movano announces 1-for-15 reverse stock split

Movano Health announces 1-for-15 reverse stock split

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19:50 EDT Movano (MOVE) Inc trading halted, news pending Published first on TheFly – the ultimate source for real-time, market-moving breaking fina...

Movano Inc trading halted, news pending

ALBT

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Press Releases

Movano Health Reports Q2 2024 Financial Results and Provides Business Update

Movano Health Advances to Final Phase of FDA Review Process for EvieMED Ring

Evie, Movano Health's Smart Ring for Women, is Back In Stock with Key Upgrades

Movano Health Provides Update on FDA Review of EvieMED Ring

Movano Health Plans Response Submission to FDA Next Week as Part of EvieMED Final Review Phase

Movano Health Announces Reverse Stock Split

Social Media

Evie Ring Announces Brand Partnership with Lifestyle Content Creator Heidi D'Amelio

Movano Health Opens Investigation to Expose Apparent Stock Manipulation Following Reverse Stock Split

Movano Health Submits Response to FDA as Part of Final Review Phase for EvieMED

Movano Health Provides Update on Investigation to Expose Apparent Stock Manipulation Following Reverse Stock Split

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