Butterfly Network is trading at $8.34, down 4.20%, amid broader risk-off pressure in U.S. equities.
- U.S. equities are lower as investors await Fed minutes and respond to higher yields and oil-related geopolitical concerns.
- On October 6, Butterfly Network announced a multi-year research and development agreement with Bridge Neurotech involving technology access, milestone payments, and hardware purchase commitments.
- Available reporting does not establish that the agreement caused the current decline.