Nuwellis could set up for Nooner move

(24/7 MARKET NEWS) – Nuwellis, Inc. (Nasdaq: NUWE) is trading higher today, after publishing key clinical data supporting the use of ultrafiltration with its Aquadex FlexFlow(R) System in high-risk postoperative coronary artery bypass grafting (CABG) patients in the Journal of Cardiac Surgery.

The commercial-stage company is at $1.5298, up $0. 8997 (+142.79%), after opening at $1.20 and hitting a high of $1.85.

Its impressive trading volume, over 116 million shares traded, opens the door to a potential nooner move, in which a listing makes an afternoon move that’s similar to its morning gains. If Nuwellis can break through today’s $1.85, on strong volume, it could see another price and volume spike.

NUWE’s 52-week range is $0.47 to $4.20.

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