Tandem Diabetes Care's shares rose as revenue increased 31.4%, despite mixed analyst ratings.

Tandem Diabetes Care (NASDAQ: TNDM) saw changes in institutional holdings and a gap-up in share price. Cinctive Capital and Jacobs Levy reduced their stakes, while others increased theirs. Tandem reported a 31.4% revenue increase and beat earnings estimates. Analysts gave mixed ratings but generally positive targets, with Royal Bank of Canada setting the highest at $65.00. The company focuses on diabetes technology, including the t:slim X2 insulin system.

4 months ago
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