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DexCom (DXCM) Soars 9.8%: Is Further Upside Left in the Stock?
DXCMDexCom(DXCM) Zacks Investment Research·2024-03-07 09:46

DexCom (DXCM) shares ended the last trading session 9.8% higher at $133.72. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.5% loss over the past four weeks.The surge in stock price was likely driven by FDA clearance for Stelo glucose biosensor, available over-the-counter to consumers without a prescription. As an alternative for people without insurance coverage for continuous glucose monitoring sensors like G7, ...