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Post# of 114167
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hweb2

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Re: SSKILLZ1 post# 112162

Tuesday, 04/09/2024 9:42:08 AM

Tuesday, April 09, 2024 9:42:08 AM

Post# of 114167
The INMD Q1 miss was clearly telegraphed by the recent weakness in the stock price. But cutting annual revenue guidance from $495M-$505M to $485M-$495M is hardly a disaster. Stock had already been hit into today's PR, so I think people were expecting a weaker Q1. Plus they have $8.60/share in cash on the balance sheet. I was tempted to grab a few more on the premarket selloff to the $17's. Looks like I should have with the stock rebounding back over $19. I'm trimming some here, but wouldn't be surprised if INMD trades over $20 again soon. One buoyant market right now!
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