India, March 17 -- Monogram Technologies Inc. (MGRM) is trading at $3.67, up 57.40 percent or $1.34 during Monday's trading, after announcing that the U.S. Food and Drug Administration has granted clearance for its Monogram mBos TKA System.
The stock opened at $2.80 and has traded between $2.80 and $4.21 so far, compared to a previous close of $2.33 on the Nasdaq. Trading volume is significantly elevated at 26.77 million shares, well above the average volume of 47,962. The stock's 52-week range is $1.53 to $4.90.
The clearance allows the AI-driven robotics company to market the device, which focuses on orthopedic surgery.
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