Inogen stock heads for record plunge as chip shortage to hurt sales, margins for another year
August 05, 2021 at 12:29 PM EDT
Shares of Inogen Inc. plunged to pace all decliners Thursday, after the portable oxygen container (POC) company reported a surprise second-quarter profit and a big revenue beat, but warned that the semiconductor shortage will likely keep hurting sales and margins for the next year.