Butterfly Network, Inc. Stock News

SAN DIEGO--(BUSINESS WIRE)---- $BFLY #COVID19--Butterfly Network, Inc. (BFLY) Failed to Disclose the Impact COVID-19 Would Have on its Business Prospects

The suit alleges defendants issued false statements re: Butterfly Network business & prospects, resulting in its stock trading at inflated prices.

GUILFORD, Conn. & NEW YORK--(BUSINESS WIRE)---- $BFLY #earnings--Butterfly Network, Inc. to Report Fourth Quarter and Full Year 2021 Financial Results on February 28, 2022

Butterfly Network: Lack Of Coverage Offers Opportunity

Butterfly Network is a small-cap ($1.15B) portable, hand-held digital imaging device, and software young company.

Here is how Akero Therapeutics, Inc. (AKRO) and Butterfly Network, Inc. (BFLY) have performed compared to their sector so far this year.

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data.

Butterfly Network Inc - Class A (BFLY) shares closed today 19.5% higher than it did at the end of yesterday. The stock is currently down 5.5% year-to-date, down 68.9% over the past 12 months, and down 36.2% over the past five years. Today, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 0.9%. Trading Activity Shares traded as high as $7.27 and as low as $5.76 this week.Shares closed 74.1% below its 52-week high and 30.8% above its 52-week low.Trading volume this week was 17.2% higher than the 10-day average and 23.6% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -39.3% The company's stock price performance over the past 12 months lags the peer average by 363.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

The stock price of Butterfly Network Inc (NYSE: BFLY) increased by 19.46% today. This is why it happened.

The company announced preliminary fourth-quarter results this morning.

The company announced preliminary fourth-quarter results this morning.

Butterfly Network Inc - Class A (BFLY) shares closed today at 1.0% above its 52 week low of $6.01, giving the company a market cap of $1B. The stock is currently down 5.2% year-to-date, down 65.4% over the past 12 months, and down 36.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 1.7%. Trading Activity Trading volume this week was 21.2% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 7.4% lower than its 5-day moving average, 11.8% lower than its 20-day moving average, and 35.6% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -26.0% The company's stock price performance over the past 12 months lags the peer average by 550.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Butterfly Network (NASDAQ:BFLY) was upgraded by Zacks Investment Research from a hold rating to a buy rating in a report issued on Monday, Zacks.com reports. The firm currently has a $8.25 price objective on the stock. Zacks Investment Researchs target price would indicate a potential upside of 12.55% from the stocks previous close. According to [] The post Zacks Investment Research Upgrades Butterfly Network (NASDAQ:BFLY) to Buy appeared first on ETF Daily News .

Butterfly Network Inc. (NYSE:BFLY) traded at $7.09 at close of the session on Monday, 12/20/21, made a downward move of -2.61% on its previous days price. Looking at the stock we see that its previous close was $7.28 with the days price range being $6.78 $7.22. In terms of its 52-week price range, BFLY Butterfly Network Inc. (NYSE: BFLY) Is The Among Hot Stock Right Now Read More »