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INMD - InMode: Reversing Previous Shareholder Dilution With Buybacks
June, 13 2024 11:49 AM
InMode Ltd.
2024-06-13 11:49:14 ET
Summary Shareholders of InMode Ltd. have seen a 46% decline in value due to slowing sales and capital allocation uncertainties. Sales growth has been impacted by rising interest rates affecting leasing deals, leading to lower revenue growth projections for 2024. The company's new share repurchase program should reverse the dilution shareholders previously experienced. The low expectations embedded into the company's valuation makes it ripe for a revision higher. For further details see:
InMode: Reversing Previous Shareholder Dilution With Buybacks
Stock Information
Company Name:
InMode Ltd.
Stock Symbol:
INMD
Market:
NYSE
Website:
inmodemd.com
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