Why Wright Medical Group Shares Are Spiking Higher Today
Shares of Wright Medical Group (NASDAQ: WMGI) were trading 10% higher earlier today after management reported second-quarter financial results that outpaced industry watchers' forecasts.
Wright Medical is a medical device company that sells products used in shoulder, elbow, wrist, hand, foot, and ankle procedures. It also markets biologics used in orthopedics. Apparently, business is good.
Source: Fool.com