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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

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DexCom (DXCM)'s Market Value Suffers $6.24 Slide on October 11, 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 (DXCM)'s Market Value Suffers $6.24 Slide on October 11, 2023

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


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