ReWalk Robotics Ltd (RWLK)

[skepticone]

What a joke headline...the stock was up briefly in pre-market with 6,000 shares traded, and declined immediately upon market open.

*ReWalk Robotics shares are trading higher after the company announced it had delivered ReWalk Personal 6.0 System to Lucy Dodd which will allow her to stand and walk again.
Benzinga

Not to mention they had to fundraise to get the money to pay for it...no insurance coverage. It is great for her that she will be able to be upright and mobile, but she is not walking, the device is doing the work, she is a passenger. IMO, the insurance companies are not going to fully cover the devices until RWLK demonstrates that they move the patient toward walking on their own. Thus, the case by case basis.

A great story for the woman and her family but it means very little for the companies future.