InVivo tumbles again, now off by two-thirds in four days


It's shaping up to be another ugly session for InVivo Therapeutics (NVIV.OB -28.5%) as doubts about the timeline and clinical plan for the company's biopolymer scaffolding persist.

The stock is now down 64% since Friday.

SA contributor and Zacks analyst Jason Napodano penned a cautious (but generally upbeat) piece on the shares Tuesday, noting that the "more realistic clinical guidance from the new interim CEO [is] refreshing."

Nevertheless, Napodano says he has been removed from the list of analysts on the company's website.

Comments (1)
  • Esekla
    , contributor
    Comments (4310) | Send Message
     
    Napodano's commentary on Twitter that morning had a very different tone, which may account for the removal. I go by the same name on Twitter.
    28 Aug 2013, 10:54 AM Reply Like
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