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No. of Recommendations: 1
IRTC, for the last 3 months has ranged from $110 to $130.
This morning, at the open, it rocketed up to $160-170, closed at $169.

Rocket! Opened at $140, and in the first 8 minutes, it reached $166.

https://finance.yahoo.com/quote/IRTC/

IRTC is a wearable tech heart monitor. Wifi enabled, helps drs remote monitor patients.

Denny recommended IRTC back in March as one of the wearable health monitoring techs.

I don't see any news that came out yesterday that would cause the 32% rise, at the open, today.

From the IRTC investor relations website It, IRTC reports Q2 August 6:
https://investors.irhythmtech.com/events-and-presentations/u...

UPCOMING EVENTS
iRhythm Technologies Reimbursement Update
Tuesday, August 4, 2020 1:10 PM PDT
iRhythm Technologies Inc Q2 2020 Earnings Conference Call
Thursday, August 6, 2020 4:30 PM EDT

IRTC had 3 presentations today, August 4.
https://investors.irhythmtech.com/press-releases

At the Centers for Medicare and Medicaid Services, Proposed Physician Fee Schedule.
Those presentations were announced at least 9 days ago... but no stock action til overnight between August 3 and 4?

Note the above "event" on the investor page.
"iRhythm Technologies Reimbursement Update".

Did the reimbursement update leak?

32% up. $130 - $169.
Volume 2.58M, 7x the average volume of 360,000.

Why?

😷
ralph
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