India, April 22 -- Shares of Tivic Health Systems, Inc. (TIVC) more than tripled on Tuesday morning after the company announced positive interest from the White House and the U.S. FDA in potential military and defense applications of the company's product candidates.
TIVC is currently trading at $10.90, up $7.40 or 211.43%, on a huge volume of 18 million shares, above average volume of 1.3 million, on the Nasdaq. The stock opened its trading at $11.64 after closing Monday at $3.50. The stock has traded between $2.43 and $31.45 in the past 52-week period.
Tivic Health Systems said it provided briefings to senior leadership at the White House and FDA which garnered significant positive interest in potential military and defense applications...