Inspire Medical Systems ( (INSP) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Inspire Medical Systems’ share price has come under pressure as investors react to growing uncertainty around future reimbursement policies, which has fueled sharp volatility in the stock. The company recently reported higher quarterly revenue than a year earlier, but a drop in net profit has added to concerns. Analysts are split: some are sticking with Buy ratings, while others have shifted to a more cautious, neutral stance in light of the mixed financial results and choppy market conditions.
More about Inspire Medical Systems
YTD Price Performance: -48.97%
Average Trading Volume: 1,524,320
Technical Sentiment Signal: Sell
Current Market Cap: $2.81B
For further insights into INSP stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.