Nevro: Not Having My Back
NVRONevro(NVRO) Seeking Alpha·2024-08-10 03:47

Justin Paget Shares of Nevro Corp. (NYSE:NVRO) have fallen to fresh lows after the company reset the guidance for the year. This did not really come as a complete surprise to me after I concluded that the company was causing back pains for investors in February of last year. After multiple boom-bust cycles for the shares in the past, shares arrived at a bust phase again. Unlike previous episodes, I believe that the growth story has been impaired after revenues have been stagnant for a while. While the resul ...