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Tuesday, January 21, 2020

Cutera adds to preliminary results-stoked sell-off

Thinly traded micro cap Cutera (CUTR -8.1%) is down on over 70% higher volume, a modest 280K shares, after it announced preliminary Q4 and 2019 results on January 12. The stock has slumped 15% since then.
A Stephens report that several sales executives have departed, including for EVP of Sales North American Larry Laber, has added to the bearishness.

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