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Why Edtech Company Amesite Shares Are Skyrocketing Today

Author: Shivani Kumaresan | April 24, 2024 09:40am

Amesite Inc (NASDAQ:AMST) shares are skyrocketing after the company launched the beta version of NurseMagic, an application designed for nurses.

The new web app uses AI to provide helpful and easy-to-use tools for over 5.2 million nurses, making their daily tasks easier and more efficient. 

The platform also offers accredited continuing education (CE) programs to nurses on the app, enabling them to meet requirements for licensure.

Some of the features of the app include translating medical terms into simple language, creating quick work emails, offering information about medications and enabling nurses to explain medical practices to patients.

“We want to equip every nurse on the planet with tools that deliver immediate, qualified information, and address the demands on their time while leveraging their expertise,” said CEO Ann Marie Sastry.

The company also plans to add more features and bring more announcements.

Amesite, an education tech SaaS company, offers its proprietary learning platform and content services to deploy affordable and effective AI for white-labeled online learning programs for colleges and universities. 

Price Action: AMST shares are trading higher by 102% at $4.04 at the last check Wednesday.

Photo via Shutterstock

Posted In: AMST