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Medical technology specialist InMode (NASDAQ: INMD) was a very in-fashion stock Monday. The company's shares zoomed 12.5% higher, on the back of very encouraging preliminary results and raised guidance.
According to its preliminary calculations, InMode will post record revenue in the second quarter of $86.5 million to $87 million. Bottom line, adjusted earnings are also projected to set a new high of $1 to $1.01 per share.