Myomo Stock Plunges 37.5% on Revenue Forecast Cut
On August 12, 2025, Myomo's stock experienced a significant drop of 37.5% in pre-market trading, marking a substantial decline in its share price.
Myomo, a manufacturer of wearable medical robotics, recently slashed its 2025 revenue forecast, which has raised concerns among investors. The company's decision to lower its revenue expectations has led to a sharp decline in investor confidence, resulting in a significant sell-off of its shares.
This move by MyomoMYO-- comes as a surprise to many, as the company had previously been seen as a promising player in the medical device sector. The reduction in revenue forecast suggests that the company may be facing challenges in its operations or market conditions, which has led to a negative reaction from investors.

Get the scoop on pre-market movers and shakers in the US stock market.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet