DexCom (DXCM) Gains But Lags Market: What You Should Know

In the latest trading session, DexCom (DXCM) closed at $122.92, marking a +1.39% move from the previous day. This change lagged the S&P 500’s 1.62% gain on the day. Elsewhere, the Dow gained 1.17%, while the tech-heavy Nasdaq added 12.91%.

Coming into today, shares of the medical device company had gained 12.23% in the past month. In that same time, the Medical sector lost 3.29%, while the S&P 500 lost 4.54%.

DexCom will be looking to display strength as it nears its next earnings release. In that report, analysts expect DexCom to post earnings of $0.15 per share. This would mark year-over-year growth of 87.5%. Meanwhile, our latest consensus estimate is calling for revenue of $720.74…

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