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home / news releases / INMD - InMode: Looks Fair Around Here


INMD - InMode: Looks Fair Around Here

After a tumultuous first half of 2020 in which shares of InMode (INMD) have seen excessive volatility, it is time to update the thesis after shares have stabilized again around the $30 mark.

After going public at levels in the mid-teens in August of last year, shares had seen a huge momentum run as valuation was very modest at the time of the IPO, with shares hitting a momentum-induced high of around $55 in November. Shares actually re-tested the IPO price, losing essentially three-quarters of their value as they were trading at $14

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Stock Information

Company Name: InMode Ltd.
Stock Symbol: INMD
Market: NYSE
Website: inmodemd.com

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