EYES Stock: 12 Things for Second Sight Medical Investors to Know as Shares Keep Rocketing

Second Sight Medical Products (NASDAQ:EYES) stock just can’t stop soaring higher following approval from the U.S. Food and Drug Administration (FDA) on Friday.

Image of a woman with a digital display over her eye.Source: Who is Danny / Shutterstock.com

Here’s everything investors need to know about that approval and the continued movement for EYES stock.

  • The FDA approved the company’s Argus 2s Retinal Prosthesis System.
  • This is a pair of glasses and a camera that provide visions to those with retinitis pigmentosa (RP).
  • The Argus 2s Retinal Prosthesis System is a redesign of a previous system.
  • Update to the device includes improvements to the device.
  • Among these are better ergonomics and a beefed-up processor.
  • When the news was announced Friday, EYES stock got a major boost from investors.
  • That movement continues today with continued interest in Second Sight Medical Products.

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  • As of this writing, more than 158 million shares of the stock have changed hands.
  • To put that in perspective, the company’s daily average trading volume is 14 million shares.
  • With all this major movement, investors are taking to social media to share their success with the stock.
  • As a result, more day traders are taking an interest in the company and earning profits where they can.
  • That likely explains some of the extra movement that EYES stock is seeing today.

EYES stock was up 97.7% as of Monday morning, which builds on a 304.9% rise when markets closed on Friday. The company’s stock is currently up 396.1% since the start of the year.

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.

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The post EYES Stock: 12 Things for Second Sight Medical Investors to Know as Shares Keep Rocketing appeared first on InvestorPlace.

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