Eargo Shares Pop 16% on Deal to Sell Hearing Aids at Best Buy

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1 Min Read

By Denny Jacob

Eargo shares popped 16% to $1.86 in after-market trading following news its devices will be available in over 500 Best Buy locations.

The stock, which closed down 5.3%, has plunged 86% on the year.

The medical device company said about 250 of the retailer’s stores will carry the Eargo 5, an over the counter, Food and Drug Administration approved self-fitting hearing aid. The full assortment of Eargo’s hearing aids can be found on Best Buy’s website, the company said.

Write to Denny Jacob at [email protected]

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