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There were two different stories for InMode (NASDAQ: INMD) in 2022. In the first half of the year, the medical device stock plunged 68%. However, in the second half, InMode roared back, with its shares soaring nearly 59% .
Alas, it takes a bigger gain than that to make up for the big first-half loss. And to make matters worse, InMode has started off 2023 headed in the wrong direction.
But there are also two stories about InMode's attractiveness to investors right now. Here are the bull and bear arguments for the stock.