It has been a pretty tough period for the bioelectronic medicine firm electroCore Inc (NASDAQ:ECOR) over the course of the past month as far as its stock performance is concerned.
Over the course of the past month, the stock has performed poorly and tanked by as much as 40%. Yesterday, the company was in the news after it announced that it was going to release its financial results for the second fiscal quarter that ended on June 30, 2021 on August 5, 2021. The results are going to be released after the closure of the markets on that particular date.
In addition to that, it is also necessary to note that the electroCore management is also going to host a conference call on the same day at 4.30 p.m. Eastern Time. The conference call is also going to be made available through a webcast and interested parties could do well to check it out.
At the conference call, the electroCore management is going to have a wide ranging discussion on the company’s financial results and in addition to that, the hosts will also answer questions. It is a pivotal event and something that is expected to be watched closely by investors.
Market Reaction:
On Thursday, ECOR stock fell 2.86% at $1.02 with more than 3.95 million shares, compared to its average volume of 1.83 million shares. The stock had moved within a range of $1.0000 – 1.0700 after opening the trade at $1.06. Over the past 52-week, the stock has been trading within a range of $0.9900 – 3.6300.
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