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As of the close on January 24 at 7:59 PM GMT-5, Allurion Technologies Inc ended the trading session at 8.69 USD, marking an impressive gain of +5.57 USD (178.53%) over the past five days.
The stock opened at 16.79 USD and quickly surged, reaching an intraday high of 16.81 USD. However, the stock experienced a sharp decline, dropping to a low of 7.39 USD during the day. In after-hours trading, the stock fell to 8.10 USD, down 0.59 USD (6.79%), indicating some profit-taking or caution after the sharp initial movement.
With a market capitalization of 3.09 crore USD, Allurion Technologies remains a relatively small player in the market. The recent surge in the stock came after the company announced its plans regarding the start of a new study regarding the combination of certain weight loss drugs and its Allurion program with the objective of improving mass muscle.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.