Why Shares of Inari Medical Are Falling Today
Shares of Inari Medical (NASDAQ: NARI) were down almost 16% as of 11:25 a.m. EDT today, after the company reported earnings yesterday that seemed impressive at first glance. After digging a little deeper, Wall Street found a few concerns.
The company's clot removal devices continue to drive exceptional sales. Revenue for the second quarter climbed 150%, and overall procedure growth came in at 136%. That slight difference might be what raised a yellow flag.
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Source Fool.com
