Pear Therapeutics logoPear Therapeutics (Nasdaq:PEAR) shares rose after hours on mixed third-quarter results compared to the consensus forecast.

The company also announced a large set of layoffs, following a previous workforce reduction in July.

Shares of PEAR rose 7.1% at $2.70 apiece after the market closed today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished today up 5.8%.

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