Tandem Diabetes Care Inc (TNDM) Drops 6.48% on February 15

Equities Staff  |

Tandem Diabetes Care Inc (TNDM) was one of the Russell 2000's biggest losers for Monday February 15 as the stock slid 6.48% to $6.78, a loss of $-0.47 per share. Starting at an opening price of $7.22 a share, the stock traded between $6.59 and $7.35 over the course of the trading day. Volume was 240,324 shares over 1,790 trades, against an average daily volume of 200,408 shares and a total float of 30.07 million.

The losses send Tandem Diabetes Care Inc down to a market cap of $203.91 million. In the last year, Tandem Diabetes Care Inc has traded between $14.19 and $6.59, and its 50-day SMA is currently $9.89 and 200-day SMA is $10.74.

Tandem Diabetes Care, Inc. is a medical device company engaged in the designing, development and commercialization of products for people with insulin-dependent diabetes. The Company's flagship product is the t:slim Insulin Delivery System.

Tandem Diabetes Care Inc is based out of San Diego, CA and has some 437 employees. Its CEO is .

For a complete fundamental analysis analysis of Tandem Diabetes Care Inc, check out Equities.com’s Stock Valuation Analysis report for TNDM. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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