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Why Shares of Inari Medical Are Falling Today

TheMotleyFool

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Why Shares of Inari Medical Are Falling TodayPhoto, wide shot, wide-angle lens, Medical device manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/3a7f6312-1eee-4702-9005-93cc1e62f970.png

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.

Image source: Getty Images.

Source Fool.com

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