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Inogen stock suffers record plunge as chip shortage to hurt sales, margins for another year

·3 min read
Inogen stock suffers record plunge as chip shortage to hurt sales, margins for another year
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Chief Executive Nabil Shabshab said demand for POCs and pricing has been strong, given higher rates of vaccination for COVID-19 and an “increased desire for mobility” as pandemic-related restrictions have been lifted. Read more about the chip shortage.