Updated
Updated · MarketWatch · May 6DexCom stock rallies and outperforms Abbott and Insulet
7 articles · Updated · MarketWatch · May 6
- Shares rose 1.48% to $60.36 on Wednesday, snapping a two-day losing streak as the S&P 500 gained 1.46% and the Dow added 1.24%.
- DexCom beat rivals as Abbott Laboratories fell 1.00% to $86.30 and Insulet dropped 9.70% to $151.28.
- Trading volume reached 5.9 million shares, above its 50-day average of 4.3 million, though the stock remains 32.92% below its 52-week high of $89.98.
With rivals facing lawsuits and recalls, can DexCom's new OTC device cement its market dominance? As science moves closer to a diabetes cure, what is the long-term future for diabetes management tech? Will over-the-counter glucose monitors empower wellness consumers or create a new wave of health anxiety?