MYO - Myomo: TAM Expansion Opportunity From Policy Tailwinds

2024-05-25 03:01:27 ET

Summary

• Myomo is a wearable medical robotics company that designs and manufactures orthotics for people with neurological disorders.
• The company's stock performance has been disappointing, losing almost all of its value since going public in 2017.
• Despite this, MYO has gained momentum in the past year and is expected to benefit from recent policy changes by CMS, presenting a buying opportunity.

Myomo ( MYO ) is a wearable medical robotics company designing, developing, and manufacturing myoelectric orthotics for people suffering from neurological disorders. Its brace is mainly used to offer expanded mobility for stroke survivor’s paralyzed arms....

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