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Updated · MarketWatch · May 7Insulet stock jumps 6.03% and ends three-day losing streak
7 articles · Updated · MarketWatch · May 7
- Shares closed at $160.40 on Thursday as the S&P 500 fell 0.38% and the Dow dropped 0.63% in a broadly weak session.
- Insulet outperformed Eli Lilly, down 1.22%, Johnson & Johnson, down 0.94%, and DexCom, which rose 0.91%.
- Trading volume reached 2.8 million shares, above its 50-day average of 1.1 million, though the stock remains 54.8% below its 52-week high of $354.88.
Is Insulet's stock a major bargain or a value trap after its recent earnings surge? Insulet's stock is soaring, but can a serious product recall derail its impressive growth?