On March 6, 2023, Zynex announced that the Company was postponing release of its fourth quarter and full year financial results and conference call initially scheduled for March 6, 2023 to allow additional time to complete its year-end closing procedures.
On this news, Zynex’s stock price fell $2.65, or 21%, to close at $9.76 per share on March 7, 2023, thereby injuring investors.