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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
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.
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