Actually 10% AMDA After-Hours Quote: $0.1488 +0.04
Post# of 22757
Amedica Corporation (NASDAQ:AMDA) closed at $0.108 with trading volume of 4.68 million shares down its average volume of 6.99 million. The company fell -6.72% with market capitalization of 14.97 billion. The stock’s institutional ownership stands at 10%. During the year, the lowest price at which share is traded was $0.09 and hit the highest price at $1.12.
The company gross profit margin is 63.10%. Analyst recommendation for this stock stands at 2.00. A look on the firm performance, its monthly performance was -58.38% and a quarterly performance of -73.93%. The stock price is moving down from its 20 days moving average with -24.10% and isolated negatively from 50 days moving average with -53.33
ulrich medical USA, Inc. (ulrich) reported it has reached a settlement with Amedica Corporation (AMDA) in association with a lawsuit that ulrich filed against Amedica alleging a variety of infractions related to the hiring by Amedica of a former ulrich sales director that ulrich alleged violated the former sales director’s Employment Contract with ulrich, including its confidentiality and non-competition provisions.
According to the lawsuit filed on April 27, 2015 in St. Louis, Missouri, ulrich contended that Amedica hired an ulrich employee who was legally bound by the non-competition provisions in his Employment Contract, and that Amedica tortiously interfered with ulrich’s contract with its former sales director when Amedica knowingly hired him to work in states for which he before worked for ulrich. In addition, ulrich also alleged that in making the hire, Amedica misappropriated ulrich’s trade secrets.
Amedica Agrees to $75,000 Settlement Payment
ST. LOUIS, Dec. 7, 2015 /PRNewswire/ -- ulrich medical USA, Inc. (ulrich) today announced it has reached a settlement with Amedica Corporation (Nasdaq: AMDA) in association with a lawsuit that ulrich filed against Amedica alleging a variety of infractions related to the hiring by Amedica of a former ulrich sales director that ulrich alleged violated the former sales director's Employment Agreement with ulrich, including its confidentiality and non-competition provisions.
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