Why Insulet's Shares Are Rocketing 20.8% Higher Today
After the release of second-quarter revenue results on Monday that were better than industry watchers were expecting, Insulet's (NASDAQ: PODD) shares were surging 20.8% higher at 2:45 p.m. EDT on Tuesday.
More than 30 million Americans are diagnosed with diabetes, including more than 1 million people with type 1 diabetes who require constant blood sugar monitoring and regular dosing of insulin to delay disease progression.
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