Healthcare Tech Stock Climbs on Initial Sale

VitalHub Corp. (TSXV:VHI), a healthcare tech stock, moved up after announcing the first sale of WellLinc

Sean Mason | May 31, 2018 | SmallCapPower

A sales announcement involving a blockchain solution generated a healthy gain for a healthcare tech stock Thursday. Here’s some small stocks making big moves on Thursday, May 31, 2018 (as of 4 pm EST):

VitalHub Corp. (TSXV:VHI), a healthcare tech stock, gained 11% to $0.20 on Thursday, after announcing the first sale of WellLinc, the Company’s proprietary Blockchain Electronic Health Record interoperability solution, which has been licensed by Bluewater Health and the Canadian Mental Health Association of Lambton-Kent.

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As well, shares of Concordia International Corp. (TSX:CXR) slipped 11% to $0.32 as the international specialty pharmaceutical company said its stock will be delisted from the NASDAQ at the opening of business on June 8, 2018.

BioNeutra Global Corporation (TSXV:BGA), meanwhile, reported that its first-quarter sales rose 31% to $9,853,046, while swinging to a quarterly profit of 1,959,047 from a loss of $3,709 during the same period last year. BioNeutra Global stock popped 74% to $0.47 following the announcement.

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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