Butterfly Network Inc. stock traded up by 7.7 percent following upbeat sentiment on its imaging technology. Midjourney Medical launched a full-body tomographic ultrasound scanner embedding Butterfly Network’s Ultrasound-on-Chip modules under a co-development and licensing deal that may deliver up to $74M over five years. The new scanner uses 40 Butterfly Ultrasound-on-Chip modules per system. Management will appear at TD Cowen’s Medical Devices Emerging Growth Call Series on 2026/06/18. Shares of BFLY dropped 18.8% to $7.22 in a single session. A Form 4 filing revealed a change in beneficial ownership of Butterfly Network securities by an insider or major holder. On Tuesday, June 23, 2026, Butterfly Network Inc. stock [NYSE: BFLY] was trending up by 7.7%. From early June, BFLY pushed from roughly $4.5 to $8.9 by 2026/06/18, including an 18.8% slide to $7.22, before bouncing to $7.84 on 2026/06/23. Butterfly Network booked about $97.6M in revenue over the last year with a 49.2% gross margin, but Q1 2026 free cash flow was about -$14.8M, and the balance sheet carried roughly $142M of cash and minimal debt.