Why Penumbra Stock Is Popping Today

Shares of Penumbra (NYSE: PEN) were popping on Thursday, with the stock up 10.6% as of 12:15 p.m. EDT. The medical device maker announced better-than-expected third-quarter results after the market closed on Wednesday.

Penumbra reported Q3 revenue of $151.1 million, up 8.3% year over year. This result topped the average analysts' estimate of $149.4 million.

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Source Fool.com