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Stock impact report

Why InMode Stock Skyrocketed 65% in November [The Motley Fool]

InMode Ltd. - Ordinary Shares (INMD) 
Last inmode ltd. - ordinary shares earnings: 2/18 08:00 am Check Earnings Report
Company Research Source: The Motley Fool
Why InMode Stock Skyrocketed 65% in November What happened InMode ( NASDAQ:INMD Global Market Intelligence 00 The Israel-based company makes devices that use radio frequency (RF) technology to perform a range of minimally invasive aesthetic procedures. Its stock has been on fire, increasing 0% from its early August initial public offering (IPO), which is sure to land it a spot on the year's best-performing healthcare stocks Image source: Getty Images. So what We can attribute InMode stock's powerful performance last month largely to the company's Nov. release of third-quarter results that pleased investors. Shares popped 9.7% following the release and continued their upward climb throughout the month. Data by YCharts. In Q, the company's revenue jumped 7% year over year to $0 million. Growth was "driven primarily by the continued expansion of InMode's direct sales organization in the U.S.," according to the earnings release. Net income surged 87% to $. million, which translated to Show less Read more
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