Apyx Medical Shares Rise 6% as Body-Contouring Push Hits New Milestone
Apyx Medical Corporation jumped 6.4% in late trading Thursday, up 25 cents to $4.15. The move brought some focus back to its Renuvion and AYON body-contouring products. Shares changed hands between $3.87 and $4.21. The market cap was near $174 million at the last price. Apyx said Wednesday its latest update wasn’t an earnings release. The company announced “Body by Apyx” will return to Miami Swim Week, bringing Renuvion patients and featuring the AYON system. AYON combines Renuvion, liposuction, infiltration, aspiration and electrocautery on one platform. “The market continues to evolve,” said Regis Cain, senior director of marketing at Apyx, as patients look for more complete body-contouring.