1Yr·

$INMD (-0.25%)

has anyone found what's going on here? 😮

times briefly 20% down.....

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7 Comments

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due to a reduced financial guidance for 2023, driven by higher interest rates. The new revenue guidance is between $500 million and $510 million, compared to previous estimates of $530 million to $540 million. In the third quarter, the company expects EPS of $0.59 to $0.60.
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@BloombergT thank you. Still crass reaction from the market!
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@ProMau always with pleasure
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@BloombergT actually a madness for a profitable company. The new increased targets were simply too optimistic for this new market environment with high interest rates. But the company is virtually debt-free and continues to make a profit.$INMD remains on my buy list.
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This helps no one here now, but since I know myself in the field zero and the videos have not really contributed to a better understanding, I have thank God 2 days ago although favorable valuation not slammed. But confirms my thesis, if you have no idea of a business model, the valuation can still be so cheap, but you should not invest.
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Isn't that an Israeli company? Hmmm what's going on there right now? Look how other companies from there are performing right now.
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