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OWLT Sandbridge Aquisition Corp

4.21
0.11 (2.68%)
After Hours
Last Updated: 21:00:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sandbridge Aquisition Corp NYSE:OWLT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.11 2.68% 4.21 4.4823 4.11 4.18 10,019 21:00:22

Owlet Shares Up 15% After FDA Clears BabySat Device

20/06/2023 3:51pm

Dow Jones News


Sandbridge Aquisition (NYSE:OWLT)
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By Dean Seal

 

Owlet shares are trading higher on Tuesday after the company got regulatory clearance for its BabySat medical pulse-oximetry device.

The stock was up 15% at 29 cents in early trading. Shares have nearly been halved since the start of the year and have fallen 87% over the past 12 months.

The infant health data company said Tuesday morning that the U.S. Food and Drug Administration granted clearance for BabySat, a device that uses pulse-oximetry technology to provide a real-time display of a baby's heart rate and oxygen saturation level and alert parents when those readings fall out of prescribed ranges.

BabySat is expected to be available in the U.S. later this year.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

June 20, 2023 10:36 ET (14:36 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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