DexCom Inc. Stock Falls Wednesday, Underperforms Market
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Shares of DexCom Inc. (DXCM) slid 2.56% to $395.83 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 4,349.93 and Dow Jones Industrial Average falling 0.38% to 34,168.09. This was the stock's second consecutive day of losses. DexCom Inc. closed $263.62 below its 52-week high ($659.45), which the company reached on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Johnson & Johnson (JNJ) rose 0.45% to $168.38, Abbott Laboratories (ABT) fell 2.60% to $120.07, and Medtronic PLC (MDT) fell 0.08% to $104.09. Trading volume (928,990) eclipsed its 50-day average volume of 850,130.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2022.
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January 26, 2022 16:50 ET (21:50 GMT)
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