Strata Skin up 5% on launch of new rejuvenation laser

|By:, SA News Editor

Thinly traded nano cap Strata Skin Sciences (SSKN +5.3%) perks up on a 25x surge in volume in response to its announcement of the commercial launch of a new rejuvenation laser called Nordlys.

STRATA, the U.S. distributor for manufacturer Ellipse Global A/S, expects the device to generate $4.0M - 4.5M in sales this year contributing as much as $600K in non-GAAP EBITDA.