DarioHealth (DRIO) heads into long weekend with caution flag up
DarioHealth Corp. shares finished the week before Memorial Day holiday down 5.3%, unable to make up earlier losses despite picking up on Friday. The stock’s slide followed a new warning about cash, which offset a small recovery in revenue. Shares of the digital health firm on Nasdaq finished Friday at $7.86, gaining 4.1% for the day. The stock was still off last Friday’s $8.30 close. Volume stayed light, with less than 5,000 shares traded in each session last week. That sort of thin trading can swing a small-cap name.