Butterfly Network is trading at $9.52, up 4.05%, in pre-market, with Evercore ISI’s initiation of coverage at Outperform and $15 price target a possible catalyst for the gain.
- A separate strong market-wide catalyst is not apparent.
- Tuesday index futures were broadly flat, while oil and elevated bond yields weighed on risk appetite.
- No trading-volume figure is available in the provided price context.