AVH News: Strength Seen in Avita Medical Inc. (RCEL): Can Its 20.4% Jump Turn into More Strength? - 14th Jul 2023, 8:59pm

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Avita Medical Inc. RCEL shares rallied 20.4% in the last trading session to close at $20.79. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.9% gain over the past four weeks.

The rise in stock price is most likely attributable to positive investor expectations around the Recell system, Avita's sole marketed product device which produces a suspension of Spray-On Skin cells for treating acute the...

>>> Read more: Strength Seen in Avita Medical Inc. (RCEL): Can Its 20.4% Jump Turn into More Strength?
 
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