April 5, 2024
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Analyst remains confident in Inogen despite huge selloff

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Goleta-based Inogen had a disappointing four quarter, suffering a net loss of $56.6 million due to inflation, supply chain challenges and increased operating expenses, according to a stock analyst with New York-based Needham & Company. Inogen, a maker of portable oxygen containers, announced the steep loss on Feb. 23 for the quarter ending Dec. 31,…

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