CryoCor (CRYO) Stocks Jump After Yesterday’s News
Share prices for revolutionary medical technology company CryoCor (Nasdaq: CRYO) skyrocketed this morning before slowly settling down this afternoon, launching from yesterday's closing price of $4.84 a share to this morning's opening price of $6.77, then dropping down to a price of $5.86 a share by 1:21 p.m. CDT.The source of the activity seems to be a press release the company published after market close yesterday. According to the release, CryoCor and the Boston Scientific Corporation (NYSE: BSX) recently announced a "strategic collaboration in the field of cryoablation" - the process of restoring electrical conduction in the muscles of the…