Why ReWalk Robotics Stock Is Trading Higher Today

ReWalk Robotics (NASDAQ:RWLK) shares are trading higher on Tuesday after the company announced the Centers for Medicare & Medicaid Services authorized the company as a medicare provider.

ReWalk Robotics is an Israel-based medical device company. It is engaged in designing, developing and commercializing the Rewalk systems which are exoskeletons allowing wheelchair-bound individuals to stand and walk once again. 

ReWalk Robotics shares traded up 13.50% to $1.43 on Tuesday. The stock has a 52-week high of $3.24 and a 52-week low of 41 cents.