Overlooked Alpha

Overlooked Alpha

Research Notes

One Of The Most Volatile Stocks On The Market

Cutera crashed 28% yesterday - is it time to buy?

Wall Street and Main
Apr 13, 2023
∙ Paid

⚡ Highlights:

  • Cutera Inc. offers a range of laser and pulse treatments for hair removal, tattoo removal, facial resurfacing, skin rejuvenation, and vascular therapy.

  • The business has disappointed since its 2004 IPO and earnings have been exceptionally volatile.

  • The firing of both the CEO and chairman this week have sent the stock to a 29-month low and initiated a potential proxy fight.

  • History and drama suggest some caution. But CUTR (market cap $375m) is worth keeping an eye on.

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