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InVivo opened the final day of the week, Friday August 30th, at $1.38 having closed the previous day $1.47. The stock rose to $1.47 and dropped to $1.15 that day. Over the past 52 weeks the stock has been as low as $1.15 and as high as $6.20. The volume was 1,853,326 with an average 3 month volume of 574,758. The Company’s market cap is 98.22 million.
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In an August 29th press release, the Company was mentioned as suffering from FDA’s timidity on biologic grafts. According to the article, the FDA’s increasing caution over biological grafts has been evident for a while but seems to have caught investors in the Company by surprise.
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