LOGO
LOGO

TODAY'S TOP STORIES

Did You Ride The Rally In Inmode (INMD)?

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Shares of InMode Ltd. (INMD) touched an all-time high of $84.70 in intraday trading on Monday, before closing at $82.78.

InMode develops devices that use minimally invasive radio-frequency technology for aesthetic medical procedures such as contouring, skin treatment, acne, hair removal, anti-aging, women's health & wellness, pigment, and vascular issues.

On Sep.10, 2019, just a month after its IPO, we had alerted readers to this stock when it was trading around $25 (Report titled "InMode in Steady Mode"). By the end of that year, the stock price had almost doubled, thanks to the company's improving revenue and net income, driven by growing demand for its products in the United States and abroad (Report titled "Healthcare IPOs That Delivered Solid Returns In 2019, dated Dec.12, 2019).

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.

RELATED NEWS