Inogen shares in free fall on earnings miss

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By Marissa Nall / Friday, May 10th, 2019 / Comments Off on Inogen shares in free fall on earnings miss

Goleta-based portable oxygen concentrator company Inogen saw its stock tumble nearly 30 percent May 8, after the company reported a “tough” first quarter that missed analyst earnings estimates. Sales and earnings growth have slowed while the company has worked to shift from a business-to-business model to a direct-to-consumer strategy. After a steep decline in its…

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