ConforMIS Inc (NASDAQ:CFMS) Stock Hits Another New High: Here is Why

ConforMIS Inc (NASDAQ:CFMS) recently announced that its Chief Executive Officer, Mark Augusti, and its Chief Financial Officer, Bob Howe, will take part in a pair of virtual conferences to be held in September 2021.

The H.C Wainwright Global Investment Conference will be the first one, and it’s taking place on the 13th of September. An on-demand viewing option will be available for the virtual presentation, and you’ll also be able to watch the presentation via webcast.

The Oppenheimer Fall Healthcare Life Sciences and MedTech Summit will be the second they attend it. It’ll be held between the 20th to 23rd of September.

ConforMISalso recently announced its first procedure with its new Identity Imprint Knee replacement method. Identity Imprint, which is available in posterior stabilized (PS) and cruciate-retaining (CR) implants, uses a proprietary algorithm to pick the implant size that’ll best fit the anatomic and geometric needs of the person’s knee based on their CT scan. In addition, identity Imprint utilizes the sterile Surgery-in-a-box by ConforMIS.

Market Reaction:

On Monday, CFMS stock surged 10% at $1.76 with more than 8.40 million shares, compared to its average volume of 3.51 million shares. The stock has moved within a range of $1.5200 – 1.9550 after opening the trade at $1.55.