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Investigation Details
AirSculpt released Q2 financial results that missed estimates for both revenue and earnings. The Company also announced that “Todd Magazine has stepped down from his role as Chief Executive Officer and as a member of the Board of Directors of the Company. Mr. Magazine will serve as an advisor to the Company through December 31, 2024.”
Following this news, shares of AirSculpt dropped over 21% in morning trading on August 9, 2024.
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