Friday, 18. October 2024 Share: YouTube RSS

DexCom’s stock is headed for its worst selloff ever. Not everyone thinks it’s justified.

Shares of DexCom Inc. tumbled more than 40% on Friday and were headed for their worst percentage drop on record, a day after the maker of diabetes-management equipment shocked investors with a cut to its sales forecast that heightened concerns about growing global competition and the company’s prospects overall.

Source: MarketWatch

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