Ekso Bionics Stock Drops 13% Despite After Company Becomes Exclusive U.S. Distributor

Core Viewpoint - Ekso Bionics Holdings, Inc. announced it will become the exclusive U.S. sales agent and distributor for MediTouch's BalanceTutor rehabilitation system, leading to a significant drop in its stock price by 12.75 percent to $3.97 [1] Group 1: Stock Performance - Ekso Bionics shares fell from a previous close of $4.5502 to $3.97, marking a decline of $0.5802 [1] - The stock opened at $4.25 and has traded within a range of $3.5100 to $4.4635 on the same day, with a trading volume of 5.05 million shares [2] - The company's 52-week stock price range is between $2.73 and $14.97 [2] Group 2: Product Announcement - The BalanceTutor rehabilitation system utilizes a patented 4D perturbation treadmill designed to simulate real-world balance challenges, enhancing patient safety and rehabilitation outcomes [1]