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This Is Why InMode Stock Fell 32% in April

·3 min read
This Is Why InMode Stock Fell 32% in April
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Shares of medical device company InMode (NASDAQ: INMD) fell 32% in April, according to data provided by S&P Global Market Intelligence. On April 11, the company gave encouraging preliminary financial results for the first quarter of 2022. Oddly enough, prominent analysts applauded the Q1 results from InMode but lowered their expectations for the stock nevertheless.