TransMedics Group, Inc. (TMDX) has been a topic of interest on Reddit forums, with users discussing the company's recent performance and potential as a long-term investment. One user noted the company's recent appointment of a new CFO and its missed earnings in the last report, which have contributed to a downward trend in the stock. Despite this, some investors see the current price as a good entry point, citing strong institutional support, including BlackRock's 9.5% stake and their addition of 500,000 shares in 2024.
The discussions also touched on the stock's trading volume, with one user cautioning against trading due to potential liquidity issues, stating, "I don't know this company, but based on volume, I would not trade it. You'll be in a bad spot if you need to get out quickly." Another user shared their recent trade experience, mentioning they sold the stock for $2.30, which was met with skepticism regarding the risk-reward ratio.
As of 9:52 AM on December 6, 2024, TransMedics Group, Inc. (TMDX) is trading at $69.04, reflecting a 4.21% increase from the previous close.