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TransMedics Stock Dives 30% Despite Strong Revenue Growth: What’s Behind the Drop?

TransMedics Stock Dives 30% Despite Strong Revenue Growth: What’s Behind the Drop?

by Ming Mui | Oct 29, 2024 | Biotechnology, Investing News, Market News, Medical Use, Pharmaceutical, Stock Market

TransMedics Group, Inc. (TMDX) experienced a dramatic 30% drop in its stock price during early morning trading, despite reporting impressive revenue growth. The company announced total revenue of $108.8 million for Q3 2024, representing a remarkable 64% increase...

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Nebius Stock Jumps After Goldman Sachs Initiates Coverage

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