AirSculpt Shares Slip as June Investor Test Looms
AirSculpt Technologies shares fell 2.9% to $5.38 Friday, trailing small-cap peers ahead of two June investor events where executives aim to defend the company’s outlook. First-quarter revenue was flat at $39.4 million, with net loss narrowing to $2.4 million. The company raised $14.6 million in a share sale this quarter, using most to pay down debt. Investors remain focused on management’s response to weight-loss drug competition.