ReShape Lifesciences (NASDAQ:RSLS) gained 11%, but the stock has lost 25% in a week. The trigger for the jump was the announcement that the company will move Lap-Band production to the US. In addition, the company announced that it had completed the transition of Lap-Band production to a Massachusetts-based company from Apollo Endosurgery. With the …
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ReShapeLifeSciences (NASDAQ:RSLS) is moving in range after gains last week. The stock popped after ReShape announced transitioning of Lap-Band manufacturing to the US. In its announcement, the company said that it had finalized moving Lap-Band production from Apollo Endosurgery, with manufacturing now taking place through a manufacturer based in Massachusetts. With the transition in manufacturing, …
Investors might have noticed that ReShape LifeSciences (NASDAQ:RSLS) has come into considerable focus among investors over the course of the past month and over the past month; the stock has managed to clock gains of as much as 54%. The company is involved in the weight loss and health solutions industry and this past week …
Continue reading “ReShape LifeSciences (NASDAQ:RSLS) Stock Slumps 54% in a Month: But Why?”
