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INMD - InMode: Facing A Myraid Of Headwinds
May, 08 2024 01:50 AM
InMode Ltd.
2024-05-08 01:50:41 ET
Summary InMode's growth has plummeted due to sales execution issues, manufacturing delays, reduced demand, and high interest rates. INMD's business seems heavily reliant on economic conditions, beyond management's control. Shareholders expressed frustration with management's capital allocation decisions. I rate the company as a hold for now.
Investment Thesis For further details see:
InMode: Facing A Myraid Of Headwinds
Stock Information
Company Name:
InMode Ltd.
Stock Symbol:
INMD
Market:
NYSE
Website:
inmodemd.com
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