Why the Nuheara (ASX:NUH) share price is up today

The Nuheara Ltd (ASX: NUH) share price opened 13% up today after the smart hearing technology company announced its IQbuds2 PRO (PRO) product has received US FDA registration.

The PRO is a hearing aid designed to provide high levels of hearing enhancement and amplification with up-to-date hearing technology.

The Nuheara share price has dropped since this morning but remains more than 2% higher than yesterday’s close.

More about Nuheara’s hearing aids

The PRO is the second product delivered from Nuheara’s IQbuds2 hardware platform. It is designed for those with moderate hearing challenges.

It’s expected to be launched in the US later this year, extending the company’s reach in the global US$9 billion per annum hearing aid…