Inari Medical Inc. (NARI) Social Stream



Inari Medical Inc. (NARI): $47.98

0.58 (+1.22%)

POWR Rating

Component Grades

Momentum

D

Stability

D

Sentiment

Quality

B

Featured Post From StockTwits About NARI

$NARI As is mentioned often on the board - follow the numbers. I got into Nari based on great numbers and I got out once the numbers told a different story - before the major selloffs. The reason I sold was based on the same information you provided:

"They wouldn’t even give guidance for the June quarter that they were already in, although they were halfway through it in mid-May, and they gave full year guidance that was just a little over four times the March quarter’s revenue."

Capturing revenue QoQ and YoY based on historical/future data/guidance signaled a significant slowdown and the numbers no longer provided high confidence for a hypergrowth stock. So, although you mentioned the importance of having external data, to me, the data Nari provided told the "story" - perhaps I am oversimplifying but I do believe "follow the numbers" held true for signaling a sell for this stock and I wasn't going to base my decision on hope for what could be.
HowHardGerrard, published August 11, 2021

Loading social stream, please wait...


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!