Inspire Medical Systems Stock Surges on Medicare Reimbursement News

Inspire Medical Systems, a medical technology company specializing in sleep apnea treatment, saw a two point three percent stock jump this afternoon, driven by improved Wall Street ratings and increased Medicare reimbursement rates. The shares closed up zero point five percent at one hundred forty-one dollars and twenty-six cents, indicating a positive yet not transformative outlook. Despite recent volatility, the improved reimbursement news could boost sales and average selling prices. However, the stock has been down twenty-five point three percent this year and is currently thirty-four point four percent below its fifty-two-week high. A five-year investment would now yield approximately seven hundred sixteen dollars and forty-three cents, reflecting the stocks fluctuating nature.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.