Market Overview

Why InMode's Stock Is Moving Today

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InMode (NASDAQ: INMD) shares are trading higher after the company reported better-than-expected second-quarter EPS and sales results. The company also issued fiscal year 2020 sales guidance above analyst estimates.

InMode is a provider of minimally-invasive surgical aesthetic and medical treatment solutions in the United States. Its products and solutions are designed to address three energy-based treatment categories including face and body contouring, medical aesthetics and women's health. The technologies offered by the company include BodyTite, Contoura, EmbraceRF, Optimas, and Votiva among others.

InMode shares were trading at $35.23 but have since fallen to $32.57 at time of publication on Wednesday. The stock has a 52-week high of $58.76 and a 52-week low of $13.06.

Related Link:

InMode Opens Below IPO Price

 

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Posted-In: why it's movingEarnings News