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TFC Commodity Trading Forum

Re: Trade of the Day -TITXF Update

Just an update on Titan Medical. Yesterday the stock hit an all time high of $2.52 before stock was halted for pending news. Company announced another round of financing by selling aprox 10 million shares allowing them to have the funds to bring SPORT surgical robot to market and compete with ISRG. This round was unexpected but word is that it was already sold out. The price of this round of financing was approx $1.94.Anyway stock collapsed to $1.94 on open but currently is trading at $2.15.
Just an update if anyone cares. Thank You.