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Modular Medical Stock Price Rises 2.6%
Shares of Modular Medical, Inc. (NASDAQ:MODD) increased by 2.6% on Wednesday, with the stock closing at $0.2203 despite declining trading volume. This movement is important to investors who are monitoring the company’s progress in developing and commercializing its insulin pump products. The stock’s rise occurred even as one analyst maintained a ‘sell’ rating on the shares, following a recent quarterly loss per share of $0.11.