Positive Press Coverage Somewhat Unlikely to Affect Cyberonics (NASDAQ:CYBX) Stock Price
News articles about Cyberonics (NASDAQ:CYBX) have trended positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cyberonics earned a news impact score of 0.41 on Accern’s scale. Accern also gave news articles about the medical device company an impact score of 44.9052519722059 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Cyberonics, Inc is a medical device company. The Company is engaged in the design, development, sale and marketing of medical devices for epilepsy, depression and heart failure. Its seminal product, the VNS Therapy System, is an implantable device that provides neuromodulation therapy for the treatment of drug-resistant epilepsy and treatment-resistant depression (TRD).
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