DexCom Inc. Stock Falls Monday, Underperforms Market
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Shares of DexCom Inc. (DXCM) shed 3.01% to $520.79 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. This was the stock's second consecutive day of losses. DexCom Inc. closed $138.66 short of its 52-week high ($659.45), which the company achieved on November 18th.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson (JNJ) rose 0.27% to $171.54, Abbott Laboratories (ABT) fell 1.21% to $139.04, and Medtronic PLC (MDT) rose 2.56% to $106.10. Trading volume (920,978) eclipsed its 50-day average volume of 716,735.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.
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January 03, 2022 16:51 ET (21:51 GMT)
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