DexCom (DXCM)'s Market Value Suffers $6.24 Slide on October 11, 2023
DXCM faced a turbulent day on October 11, 2023, with a $6.24 loss in stock value, signifying a substantial 7.32% decrease from the prior day's closing price.
by Surya
Updated Oct 12, 2023
DexCom (DXCM)'s Market Value Suffers $6.24 Slide
DexCom
NASDAQ: DXCM
October 11th : $78.97
−6.24 (7.32%)
On October 11th, 2023, DexCom (NASDAQ: DXCM) exhibited a significant drop in value compared to the previous day's closing price. The stock opened at $84.31, which was notably lower than the prior day's closing price of $85.21. Throughout the trading day, DXCM experienced a price range between the daily high of $85.02 and the low of $77.91, reflecting a considerable intraday fluctuation. It eventually closed at $78.97, signifying a 7.32% or − $6.24 decrease from the previous day's value. After hours, DXCM saw a modest recovery, with the price at $79.30, indicating a 0.42% increase.
DexCom's 52-week performance demonstrated a substantial variance, with the stock's highest point in the past year reaching $139.55 and the lowest at $77.91. The market capitalization stood at an impressive $30.63B, illustrating the company's substantial valuation. The P/E (Price-to-Earnings) ratio for DXCM was notably high at 94.25, suggesting a premium on the stock's earnings relative to its share price.
Metric |
Value |
Current Price |
$78.97 |
Price Change Today |
-$6.24 (-7.32%) |
Opening Price |
$84.31 |
Daily High |
$85.02 |
Daily Low |
$77.91 |
After-Hours Price |
$79.30 USD (+0.42%) |
52-Week High |
$139.55 |
52-Week Low |
$77.91 |
Market Capitalization |
$30.63B |
P/E Ratio |
94.25 |