BUZZ-Firefly Neuroscience shares surge on firm getting accepted into Nvidia Connect program

Reuters
02-12
BUZZ-Firefly Neuroscience shares surge on firm getting accepted into Nvidia Connect program

Updates

** Shares of medtech firm Firefly Neuroscience AIFF.O more than tripled, posting their biggest single-day pct gain in nearly 16 years

** Stock last up 203.2% at $9.39

** Company says it has been accepted into the Nvidia NVDA.O Connect program

** The program provides member companies support such as software development resources and technical training

** AIFF expects to use the new tools and resources to build a human brain foundation model software using its FDA-cleared Brain Network Analytics (BNA) technology platform

** BNA was developed using artificial intelligence and machine learning to provide doctors insights into brain function of patients with neurological and mental disorders and improve accuracy of their diagnoses

** More than ~159 mln shares traded, 28.3 times their 25-day moving average

** Stock has fallen 51.25% in the last 12 months

(Reporting by Siddhi Mahatole and Kamal Choudhury)

((siddhiprabhanjan.mahatole@thomsonreuters.com))

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