PMI
$1.15+0.03 (+2.68%)
Picard Medical, Inc., through its subsidiaries, engages in the designing, manufacturing, production, supply, marketing, and sale of medical device products.
Recent News
Picard Medical enters agreement for $50m senior secured notes
Picard Medical plans to issue $15m in notes at closing, with option to fund an additional $35m.
Picard Medical (PMI): Assessing Valuation After Share Expansion and Dilution Concerns Spark Sell-Off
Picard Medical (PMI) shares saw a steep drop after the company disclosed an expansion of its equity incentive plan, increasing the available shares to 18 million and adding warrants. This led to immediate concerns over shareholder dilution. See our latest analysis for Picard Medical. The dramatic 59.77% plunge in Picard Medical's share price over a single day put a spotlight on dilution risks. The company’s year-to-date share price return remains positive at 15.69%. Recent events such as the...
Sector Update: Health Care Stocks Higher Late Afternoon
Health care stocks rose late Friday afternoon with the NYSE Health Care Index and the Health Care Se