Butterfly Network, Inc. (BFLY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
What happened Shares of Butterfly Network (NYSE: BFLY) climbed more than 14.8% on Tuesday. The digital health company closed at $7.52 a share on Monday, opened at $7.70 on Tuesday, and hit a high of $8.
At this time, I would like to welcome everyone to the Butterfly Network Q3 Earnings Call. Agnes Lee, you may begin your conference. Earlier this morning, Butterfly released financial results for the third quarter which ended September 30, 2021 and provided the business update.