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White Diamond issues cautious report on Pulse Biosciences

White Diamond Research says Pulse Biosciences (PLSE)’ Nano-Pulse Stimulation technology “has a long history of commercial failures which contradict the company’s sky-high valuation of $1B+.” In a research report posted on its website, White Diamond argues Pulse’s new application in benign thyroids will be “another dead end.” The company’s “history of failure will likely continue,” the firm contends.

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