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American Medical Systems Is Climbing After Sale Of Ovion Technology

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

American Medical Systems (AMMD) announced after the close Monday that it agreed to sell its female sterilization assets and technology to Conceptus Inc. (CPTS) for $23.6 million.

American Medical Systems traded to the upside around mid-morning Monday and finished higher by 0.17 at $16.29. The stock is now trading higher by 0.66 on 7K shares after the bell.

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