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InMode shares jump 2% premarket after company announces 2-for-1 stock split

InMode shares jump 2% premarket after company announces 2-for-1 stock split
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Shares of Israeli medical technology company InMode Ltd. jumped 2% premarket after the company announced plans for a 2-for-1 stock split. The split will take place on Sept. 30 and the stock will trade on a post-split basis on Oct. 1. The stock closed Thursday at $140.63 and has gained 196% in the year to date, while the S&P 500 has gained 19%.