BioMimetic (BMTI) Shares Rallying on Very Heavy Volume, Stock Now Up Nearly 7%

April 4, 2012 1:53 PM EDT
Shares of BioMimetic Therapeutics (Nasdaq: BMTI) have just broken above the $2.70 level on a very sharp spike in volume. The stock is now up 6.7 percent to $2.88.

We are not hearing any company-specific news, however, it should be noted the stock jumped about 9 percent on February 7th amid results of a recent 30-patient Canadian Augment Rotator Cuff Graft clinical trial.


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