American Oncology Network (NASDAQ:AONC) Shares Up 9.1% – Here’s What Happened

American Oncology Network, Inc. (NASDAQ:AONCGet Free Report) shares traded up 9.1% on Friday . The stock traded as high as $12.00 and last traded at $12.00. 100 shares traded hands during trading, a decline of 60% from the average session volume of 250 shares. The stock had previously closed at $11.00.

American Oncology Network Stock Performance

The company has a 50 day simple moving average of $10.76 and a 200 day simple moving average of $10.47.

American Oncology Network Company Profile

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American Oncology Network, Inc is a physician-led network of independent community oncology and hematology practices in the United States. The company partners with locally owned cancer care practices to deliver infusion therapy, diagnostic imaging, pathology services, genetic counseling and supportive care, while maintaining the autonomy and identity of each affiliated practice. Its platform also encompasses clinical trial coordination and digital tools to streamline prior authorizations and patient navigation.

Founded in 2019, American Oncology Network was established to address the operational and administrative challenges faced by community-based oncology providers.

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