Myomo: TAM Expansion Opportunity From Policy Tailwinds [Seeking Alpha]
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Myomo Inc. (MYO)
NASDAQ:AMEX Investor Relations:
myomo.com/investor-opportunities
Company Research
Source: Seeking Alpha
The company's stock performance has been disappointing, losing almost all of its value since going public in 2017. Despite this, MYO has gained momentum in the past year and is expected to benefit from recent policy changes by CMS, presenting a buying opportunity. Myomo ( NYSE: MYO ) is a wearable medical robotics company designing, developing, and manufacturing myoelectric orthotics for people suffering from neurological disorders. Its brace is mainly used to offer expanded mobility for stroke survivor's paralyzed arms. All-time share performance has been disappointing so far. MYO went public in 2017 at $433 per share, but shares price continued to trend down in the next few years. Most recently, MYO is trading at $3.8 per share, losing almost all of its value since going public. Nonetheless, MYO has gained significant momentum over the past year, with the stock delivering a price return of over 700%. Yet, MYO is still down more than -20% YTD. I rate MYO a buy. My 1-year pri
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MYO
News
- Myomo to Present at the Sidoti Virtual Investor Conference on June 12-13, 2024 [Yahoo! Finance]Yahoo! Finance
- Myomo to Present at the Sidoti Virtual Investor Conference on June 12-13, 2024Business Wire
- MYO: Myomo is Driving Advancements in Wearable Technology [Yahoo! Finance]Yahoo! Finance
- Myomo, Inc. (AMEX:MYO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Myomo Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
MYO
Earnings
- 5/8/24 - Miss
MYO
Sec Filings
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- MYO's page on the SEC website