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Tuesday, 07/19/2022 9:28:29 AM

Tuesday, July 19, 2022 9:28:29 AM

Post# of 648992
STIM > massive volume on today's news! 4.28 > Neuronetics Gets Another FDA Clearance For Transcranial Magnetic Stimulation System; Shares Jump 22% -- MarketWatch
8:57 am ET July 19, 2022 (MarketWatch)
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Shares of Neuronetics Inc. (STIM) gained 22.5% in premarket trading on Tuesday after the company said it received clearance from the Food and Drug Administration to market its transcranial magnetic stimulation system as a treatment for anxiety in adults with major depressive disorder. The system was previously cleared to treat obsessive-compulsive disorder. Neuronetics' stock is down 18.4% this year, while the broader S&P 500 has declined 18.9%.

-Jaimy Lee

For more from MarketWatch: http://www.marketwatch.com/newsviewer
(END) Dow Jones Newswires

July 19, 2022 08:57 ET (12:57 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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