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ZYXI - Zynex down 19% hits 52-week low as it is dropped from UnitedHealth network
Zynex Inc.
Zynex (ZYXI -19.4%) stock is down significantly in afternoon trading and hit a 52-week low of $5.62 earlier. Year to date through yesterday, shares are down ~61%. Today's plunge may be related to UnitedHealth Group (UNH -0.9%) removing Zynex from its network as of Feb. 15. Seeking Alpha contributor Night Market Research noted Zynex is losing its largest payor and only national commercial network as a result.