Volume Spike: Cyberonics Inc. (CYBX)

Posted in General 
July 9th, 2008

Cyberonics Inc. (NASDAQ: CYBX) is seeing some unusual trading in its stock today.  The neuromodulation company with its vagus nerve stimulator (that treats epilepsy and is meant to treat depressive orders as well) is set to present at the Collins Stewart Fourth Annual Growth Conference at 1:00 PM EST Today.  We have not yet seen any news out of the company yet.  At 12:50 PM EST this stock is up 3.5% at $25.00 and we have seen 441,000 shares trade hands.  No highly unusual options trading has been seen today.  Today’s trading range is now $23.71 to $25.20

52wk Range:    $9.59 to $24.46
Volume:           441,444
Avg Volume:    335,114
Market Cap:     $673.55M

Jon Ogg
July 9, 2008

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