US Stock Market Move | Mobia Medical (MOBI.US) debuts on the US stock market with an 18% decline at the opening.
As of the time of writing, the stock has fallen by 18%, closing at $12.3.
On Friday, Mobia Medical (MOBI.US) debuted on the US stock market. As of the time of writing, the stock has dropped by 18%, trading at $12.3. The IPO price was $15. Mobia Medical is a US medical technology company based in Austin, Texas, focusing on the development of neurostimulation therapy and stroke rehabilitation devices. The company's core product, Vivistim, is a vagus nerve stimulation system used for chronic ischemic stroke rehabilitation. It is the first implantable neurostimulation device approved by the FDA to help stroke patients recover upper limb motor function.
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