Venus Concept jumps 300% on Madryn takeover disclosure

Venus Concept jumps 300% on Madryn takeover disclosure

Venus Concept shares surged nearly 300% after a filing revealed Madryn Asset Management acquired a 91% stake in the company. Madryn purchased 18.8 million shares and discussed plans to cut costs, including a possible delisting. Retail sentiment turned extremely bullish following the disclosure.

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