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INMD - Why InMode Shares Are Skyrocketing 14.7% Today
InMode Ltd.
Shares of InMode(NASDAQ: INMD) were surging 14.7% at 3:30 p.m. EDT on Monday after management unveiled plans allowing it to repurchase up to 1 million shares in the open market.
The healthcare company's medical devices are used to perform aesthetic treatments, including liposuction, using radio frequency energy to reduce scarring and decrease recovery times.