What this really means

Yesterday Dexcom priced their “upsized” convertible note offering to a little over a billion bucks. Originally the company was seeking a puny $850 million. Also yesterday Insulet priced their $500 million stock offering and for good measure this morning Tandem priced their $250 million of convertible senior notes. Between these offerings the Three Amigos will have collectively raised over $1.7 BILLION hence the happy dance by all the various underwriters.

Going into trading today here’s how the Three Amigos are doing on a year to date basis;

Dexcom is the lead horse up almost 82%, Tandem is . . .

This content is restricted to subscribers. Please subscribe.

Already have an account? Please login.

© 2005 - 2020 Diabetic Investor, Inc., all rights reserved. Unless expressly permitted under your written license agreement, you are not authorized to forward or to otherwise copy our newsletter, or any portion thereof, by electronic means or otherwise. 17 U.S.C. §504 provides for statutory damages of up to $150,000 per infringement of a copyright and additional damages.