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The Israeli nano-cap company ReWalk Robotics (RWLK) has been burning through cash at fairly solid clip, and just announced another capital raise shortly after some of its prior investors decided to sell shares; predictably the value went into reverse, with the share price down to the $2.00 range yesterday, giving back more than all the gains it has otherwise picked up fairly recently.
Data by YCharts
ReWalk's position reminds me a bit of the situation of certain Star Wars characters in Episode VI: The Return of The Jedi. In the opening act of