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Sonoma Pharmaceuticals Inc. (NASDAQ:SNOA) rose 16.40% in after-hours trading to $2.44 on Thursday.
The surge in the late trading session followed a 7.89% decline during the regular session.
Retail Expansion Drives After-Hours Jump
On Tuesday, Sonoma announced the U.S. retail launch of its hypochlorous acid-based burn relief hydrogel in CVS Health (NYSE:CVS) and Walmart (NASDAQ:WMT) stores nationwide.
According to Sonoma, the over-the-counter product targets minor burns and skin irritations, marking SNOA’s first large-scale consumer burn relief offering.
Distribution runs through an unnamed U.S.-based partner that supplies CVS and Walmart.
CEO Cites Growing Consumer Awareness
“This launch builds on the strong foundation established by our …
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