How the mighty have fallen, just two years ago $220 per share now only $11.56 The writing is on the wall as they well know.
"Novocure’s plan to reduce residual operating expenses by approximately $60 million includes a planned reduction in headcount of approximately 200 colleagues, 13% of its current workforce. Field-based commercial and field-based medical employees are minimally affected. Novocure expects to incur one-time costs related to the workforce reduction of approximately $7 million in the fourth quarter of 2023"
LOL NVCR management with another pump. Needs money for christmas. Look for insider trades. A lot of buys then a scam PR and then an Oups PR two days later with management having dumped before.