Rennova Health Inc (RNVA)

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"Worst performer: Rennova"

"Rennova Health (NASDAQ: RNVA), a medical testing firm headquartered in West Palm Beach, remains the worst performer among local stocks. Shares have plunged 86 percent in the first nine months of the year.

Rennova has been hemorrhaging money. Its sales plunged from $23 million in the first half of 2015 to $4.9 million in the first half of 2016, and its net loss widened from $3.2 million in the first half of 2015 to $10.1 million in the first half of 2016.

Rennova also is trying to ward off a delisting of its shares. The Nasdaq market has given the company until March 13 to boost its share price above $1. Rennova shares languished at 19 cents Thursday."

[lots more in the full article...]

http://www.mypalmbeachpost.com/news/business/3-things-to-know-local-company-stockswhos-up-down-/nshN3/