Shares rise as COO's resignation said not sign of woes

NEW YORK - Shares of Healthtronics Surgical Services Incorporated rebounded strongly Thursday after Wall Street concluded that a top executive&#39;s resignation is no indication of company troubles. <br> <br> Wednesday, Healthtronics, a provider of urologic and orthopedic services, disclosed that president, chief operating officer and director Roy Brown would resign his posts. <br> <br> Investors -- shell-shocked by a year of negative headlines involving corporate executives -- wasted no time selling off the stock even though the Marietta company said the departure was for personal reasons. The stock lost 6.8 percent Wednesday. <br> <br> However, by Thursday, market participants viewed the announcement in a different light, sending shares up 15 percent, or 97 cents, to close at $7.31.