RTTNews | Oct 8, 2021 10:42AM EDT

10:41 Friday, October 8, 2021 (RTTNews.com) - Shares of ReShape Lifesciences Inc. (RSLS) are jumping over 30% on Friday morning. Maxim Group initiated a coverage on ReShape Lifesciences with a Buy rating and a price target of $8.00.

RSLS is currently trading at $3.28, up $0.80 or 32.27%, on the Nasdaq, on a volume of 13.2 million share, above average volume of 3.3 million shares.

ReShape Lifesciences Inc., a medical device company, provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally.

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