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Stryker Receives FDA Approval For Expanded Indication For Neuroform Atlas Stent
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Stryker Corporation (NYSE:SYK) 20 Days Bollinger Band $182.94 is below the last trading price, and the price currently looks bullish. The company announced that the US FDA has approved the expansion of an indication for the Neuroform Atlas Stent System. This makes it's the only and first stent adjunctive that has been approved for posterior circulation use. Usually, the treatment of aneurysms in the rapture at the back of the brain circulation is challenging but with Neuroform Atlas adjunctive stent treatment of the posterior circulation will now be possible.
Neuroform Atlas adjunctive stent is already approved for treatment in the anterior circulation and the expansion in indication was issued based on the encouraging clinical trial data that proved efficacy and safety of the device.
Zoom Adds New Features To Video Conferencing App
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Zoom Video Communications Inc. (NASDAQ:ZM) stock also looks bullish currently and its 20 Days Bollinger Band $241.30 is below the last trading price. The company has added new features to the video conferencing app to enhance the video and audio experiences of users during meetings. Their video conferencing app is receiving features such as a pirate y patch, unicorn horns, aerospace goggles, and many more. Also, users will be able to use color filers in turning the video to black and white or add some pink to the screen.
Other features that have been added to the video conferencing app include the capability to cancel background noises, fun filers, and light correction control among others.
Goldman Sachs Tops Q2 2020 Earnings Estimates
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Another stock currently looking bullish is Goldman Sachs Group Inc. (NYSE:GS) and its 20 Days Bollinger Band $195.07 is below the last trading price. The company released its Q2 2020 results and its earnings per share of $0.45 were in line with analysts' estimates. In the quarter revenue came in at $30.60 million which missed consensus estimates by 2.21%. For the third quarter, the company expects earnings of $0.45 per share on revenue of $31.50 million.
The company has raised the US GDO projection for 2021 from 5.6% to 6.2% on optimism that a COVID-19 vaccine will be found soon and distributed by Q2 2021. Analysts at the bank are optimistic that by the end of this month a stimulus package or around $r1.5 trillion will be enacted into law even after legislators failed to ratify the fourth phase of the fiscal package recently.
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COMTEX_369224495/2700/2020-08-11T08:18:33
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