India, April 30 -- Shares of Sharps Technology, Inc. (STSS) gained over 22% on Wednesday morning after the company secured $400,000 initial purchase order from an IV Flushing Solutions company as part of $50 million SoloGard supply agreement.
STSS is currently trading at $6.10, up $1.10 or 22.00%, on a volume of 9.6 million shares, above on the Nasdaq. The stock opened its trading at $6.11 after closing Tuesday at $5.00. The stock has traded between $3.30 and $5,445.00 in the past 52-week period.
Sharps Technology says this marks the first order under the previously announced $50 million supply agreement from July 2024.
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"This order represents a transfor...