Why InMode Stock Surged Today

Joe Tenebruso, The Motley Fool
·2-min read
Why InMode Stock Surged Today
Why InMode Stock Surged Today

Shares of InMode (NASDAQ: INMD) jumped on Tuesday after the medical technology specialist released preliminary third-quarter results. As of 2:50 p.m. EDT, InMode's stock was up more than 8% after rising as much as 14.5% earlier in the day. InMode expects to deliver record revenue of $59.2 million to $59.5 million, which would represent growth of roughly 48% from the year-ago period.