Shares of Tempus AI Inc. (NASDAQ:TEM) soared 7.98% in Friday's trading session, closing at $57.19 after hitting an intraday high of $58.15. The artificial intelligence healthcare company's stock rode a wave of investor optimism following the launch of its AI-driven health concierge app called "Olivia."
The Olivia app, unveiled last week, aims to empower patients by centralizing their health data and providing actionable insights through advanced AI. It allows users to sync data from electronic health records, health devices, and manual uploads, creating a unified platform for managing their well-being.
Tempus AI's impressive performance on Friday was also likely boosted by the company's inclusion among the top gainers on Thursday, when its shares surged 12.65%. The broader positive sentiment in the market, fueled by strong earnings reports and bargain-hunting, may have contributed to TEM's recent rally.
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