Butterfly Network Gains Investor Confidence with Record Results

Group 1 - Butterfly Network, Inc. (NYSE:BFLY) is recognized as a fundamentally strong penny stock, with Acadian Asset Management LLC increasing its stake by 270.5%, now holding 1,598,552 shares valued at $3,642,000 [1] - The second quarter of the fiscal year marked the highest quarterly revenue for Butterfly Network, with gross margins reaching an all-time high of 64% [2] - Analysts remain optimistic about Butterfly Network, with TD Cowen maintaining a 'Buy' rating and a price target of $3.50, driven by positive results from the POCUS-CARE trial [3] Group 2 - Butterfly Network, Inc. is a Massachusetts-based company focused on developing and commercializing ultrasound imaging solutions, founded in 2011 [4]