Intel stock spikes after report of possible US government stake
Director Thomas J. Errico of electroCore, Inc. EXCHANGE:ECOR, recently purchased 15,000 shares of the company’s common stock at an average price of $4.47, in a transaction valued at $67,050. The purchase comes as the stock has declined 35% in the past week and 74% over the last six months. The prices paid for the shares ranged from $4.34 to $4.55.
The transaction, which took place on August 11, 2025, increased Errico’s direct ownership in electroCore to 281,401 shares. The $34 million market cap company has shown strong revenue growth of 30% over the last twelve months, though InvestingPro analysis indicates the stock is currently trading below its Fair Value. Additional insights, including 8 key ProTips and a comprehensive Pro Research Report covering electroCore, are available through InvestingPro.
In other recent news, Electrocore LLC reported a 20% increase in revenue for the second quarter of 2025, totaling $7.4 million. Despite this revenue growth, the company experienced a net loss of $3.7 million, which translates to a loss of $0.44 per share. The company has expressed optimism about its financial future, anticipating a cash balance of approximately $10.5 million by the end of the year. In a strategic move, Electrocore appointed Kelly Benning as Senior Vice President of its Truvaga wellness division. Benning brings extensive leadership experience from roles at LiveMetric, IBM Watson Health, and other notable companies. These developments reflect Electrocore’s ongoing efforts to strengthen its position in the bioelectronic medicine sector.
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