February 22, 2017 / 4:50 PM / 7 months ago

BUZZ-Novadaq Technologies: Cigna to cover Dermacell

** Medical device maker’s U.S.- and Canadian-listed shares rise more than 15 pct - both stocks’ biggest intraday pct gain in nearly 7 months

** Health insurer Cigna Corp to cover Dermacell, which is exclusively distributed by Novadaq

** Dermacell, made by LifeNet Health, is used for breast reconstruction surgery and Dermacell AWM for diabetic foot ulcers

** U.S. stock up at $6.96 and Canadian shares up at C$9.20 in late morning trading

** More than 1.9 mln U.S. shares traded, 3.4x their 30-day moving avg and 24,000 Canadian shares traded, 2.1x their 30-day moving avg

** Up to Tuesday’s close, U.S. stock had fallen 29.7 pct and Canadian shares lost a third of its value in 12 months

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below