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What’s happening with the Rhythm (ASX:RHY) share price today?
Aaron Teboneras | February 11, 2021 2:02pm |
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During the first hour of open, shares in the medical device company fell to an intraday low of $1.435. However, some bargain hunter swopped in on the opportunity, rebounding the price to $1.44, down 7.4% in afternoon trade.
What did Rhythm announce?
The Rhythm share price is on the move in the opposite direction after announcing a positive update.
According to its release, Rhythm advised that the Sunshine Coast University Hospital in Queensland will participate in the ColoSTAT trial. This will be the tenth site that is now aiming to study the safety and effectiveness of the prototype test kits.