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Why Is Vivos Therapeutics (VVOS) Stock Up 833% Today?

Why Is Vivos Therapeutics (VVOS) Stock Up 833% Today?
$Vivos Therapeutics(VVOS.US)$ Stock is rocketing higher on Wednesday after the U.S. Food and Drug Administration (FDA) approval to its sleep apnea treatment device.
According to a press release from the company, it has been cleaning 510 (k) clearance from the FDA for its nursing care oral applications. That covers its DNA oral appliance, mRNA oral appliance and its mmRNA oral appliance
Vivos points out that this is the first approval from the FDA for a device to treat treatment with severe obstructive sleep apnea without CPAP or surgical neurovascular implants. The treatment is approved for adults age 18 and over
Kirk Huntsman, Curious and CEO of Vivos Therapeutics, said the therapy about the news:
“This approval could also clear the way for greater voluntary levels from medical insurance payors and Medicare. We believe that all these factors should favorably influence our ability to grow our abilities in 2024 and beyond.”
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