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Stock impact report

iRhythm Technologies (IRTC) Soars 21.7%: Is Further Upside Left in the Stock? [Yahoo! Finance]

iRhythm Technologies, Inc. (IRTC) 
Last irhythm technologies, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.irhythmtech.com
Company Research Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.4% loss over the past four weeks. iRhythm Technologies scored a strong price increase driven by the optimism surrounding the recent FDA 510(k) clearance for design changes and enhancements previously made to its Zio AT device. It supports the company's remediation efforts with the FDA and reinforces trust in the device's clinical accuracy and reliability. Additionally, the market is also positive about the company's impending third-quarter earnings release, scheduled on Oct. 30, 2024. This company is expected to post quarterly loss of $0.55 per share in its upcoming report, which represents a year-over-year change of +38.2%. Revenues are expected to be $147.29 million, up 18.2% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends i Show less Read more
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