BUZZ-Australia's Compumedics rises on $3.7 million order for neuroimaging system

Reuters

03-21

BUZZ-Australia's Compumedics rises on $3.7 million order for neuroimaging system

** Shares of Compumedics CMP.AX rise 17.7% to A$0.3, their highest levels since February 14

** The medical devices maker says it received an order from Hangzhou Normal University for its magnetoencephalography $(MEG)$ system, used in neuroimaging

** New sales order to Hangzhou Normal University with a value of $3.7 million - co

** About 302,218 shares change hands, vs the 30-day average of 66,371

** Stock marks its biggest intraday gain since June 6, 2024

** CMP stock up 13%, YTD

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))

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