Refile: BUZZ- Nexgel set for best day on launching hydrogel patch to treat foot blisters

Nexgel

12/01/2022 13:25

(Corrects to add dropped word in headline)
    ** Shares of medical hydrogel provider  NXGL.O  jump 26.3%
to $3.7 premarket, set for best day since debut on Dec. 22 
    ** Co launches MEDAGEL ClearComfort Hydrogel patch that
prevents and treats foot blisters by insulating the skin from
the friction caused by rubbing and chafing in shoes  urn:newsml:reuters.com:*:nPnbVJCZa
    ** Patches are available in several shapes including a
customizable sheet and will not leave a sticky residue on the
shoe
    ** About 4.6 mln shares of the Langhorne, Pennsylvania-based
company trade, ~2,715% of their 30-day moving average 
    ** Co has 5.05 mln shares outstanding worth ~$14.78 mln -
Refinitiv data 
    ** As of last close, stock had risen 12.3% YTD

 (Reporting by Devik Jain in Bengaluru)
 ((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780;
outside U.S. +91 80 6182 2062; ;))