As we begin the new week and for our fellow tribe members a New Year one question that remains unanswered is how long will the Livongo limbo last and just how low can this stock go. As we begin trading this morning the stock sits at $17.05 down some 55% since its IPO back in late July. In an astonishing move downward the stock has plummeted over 22% in the last 5 trading days.
Livongo is covered by 9 analysts who have initiated coverage as follows;
Goldman Sachs, Canaccord Genuity, Needham – all said Buy
J P Morgan, Piper Jaffray . . .
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