The Big Mo goes both ways

It’s not unusual for stocks in the diabetes sector to rise during ADA, even when this year ADA was a virtual event. ADA is one of the few times of the year when the sector receives a heightened amount of attention. Yet this heightened attention does not explain the incredible rise in Livongo. Over the past three months shares in the company have risen an astonishing 230%. Back on April 17th shares closed at $37.30, yesterday shares closed at $66.52 and up more in pre-market trading today.

The company now carries a market cap . . .

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