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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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No. of Recommendations: 2
I don't see any news that came out yesterday that would cause the 32% rise, at the open, today.

Maybe somebody had an early glimpse of the earnings report. It would not be the first time.

Teladoc (TDOC) has been making new all time highs as has Livongo (LVGO).

This is crazy season! New all time highs on my watchlist

Symbol Last Change Ch%

IRTC 169.05 41.59 32.63
ENPH 68.95 7.74 12.64
LVGO 144.53 7.90 5.78 <- long
TDOC 249.61 12.47 5.26 <- long
FSLY 116.18 4.52 4.05 <- long
SQ 136.79 1.99 1.48
QCOM 110.95 1.36 1.24
AAPL 438.66 2.91 0.67
DOCU 227.68 1.40 0.62
QLYS 124.02 0.51 0.41
^IXIC 10,941.17 38.37 0.35
VEEV 268.23 0.17 0.06


Denny Schlesinger
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No. of Recommendations: 1
https://seekingalpha.com/news/3599990-irhythm-tech-rallies-3...

The time of this article is 11 am ET today so I guess it leaked?
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