TMDX flights in May rise 25.6% year over year, Jonah Lupton notes

TMDX flights in May rise 25.6% year over year, Jonah Lupton notes
TMDX flights rise 25.6 percent in May

Jonah Lupton, investor and market commentator at Social Media / FinTwit, reports that TMDX tracked an average of 32.5 flights per day in May, representing a 25.6% increase year over year.

According to Lupton, second quarter flights are now averaging above 31.0 per day, which is a 16.4% year-over-year increase. The data points to strong performance for TMDX in recent weeks.

Lupton has previously discussed TMDX management's goal of reaching 20,000 cases by 2030, noting that the CHOPS initiative could increase this target by 10–20 percent, according to a recent report. In a separate update, he highlighted Nike's decline of 70 percent from its highs, with revenues down nearly 20 percent and margins under pressure, as described here. The latest data on flight volumes adds further detail to Lupton’s coverage of individual company performance.

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