On a good day for NanoVibronix investors, the stock price soared to highs of over 20% gains as Monday’s market opened for trading. The spike hit in early premarket, attracting further attention as the trading commenced.
The spike is due to the latest news announcement from state-of-the-art medical device company NanoVibronix; specialists in their own, patented, acoustic wave technology. In the latest set of public data, claims regarding their new product ‘PainShield’ and its potential to treat, or lateral epicondylitis, known as ‘tennis elbow’.
Positive results from the randomized, double-blind study had a direct effect on NAOV price- with 91% of participants stating either a complete or partial resolution of symptoms – sending the stock soaring as soon as the information reached the eager ears of investors. The PainSheld is designed for use without opioid-based prescription medication.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Dr. David Lemak, MD, Lead Investigator of the study, makes particular reference to the focus on restricting the prescription of opioid use:
“Patient outcomes were markedly improved with the use of PainShield and importantly, no patients returned with signs or symptoms of an exacerbation. Most encouraging are the results we were able to achieve for our patients without the use of prescription opioid medications, which can often lead to prolonged use and addiction.”
The breakthrough treatment provoked a welcoming reaction from the market today, and while the stock price has lost some of its premarket power, the current price of $1.92 relays a current increase of 12%.
Should You Invest in NanoVibronix Shares?
One of the most frequently asked questions we receive is, “what stocks are best to buy right now?” It’s a wide-ranging question, but one that we have answered… Our AskTraders stock analysts regularly review the market and compile a list of which companies you should be adding to your portfolio, including short and longer-term positions. Here are the best stocks to buy right now
