Is Exact Sciences Ready for a Rebound After Recent Share Price Surge?
If you have been tracking Exact Sciences, you are probably wondering whether the market is finally waking up to its potential or just second guessing old assumptions. With a sharp 5.6% gain in the past week and a solid 7.3% move over the last month, there is no doubt this stock’s momentum is perking up, even as questions remain about where it will settle next. The year-to-date gain of 1.4% might seem modest, but it stands in stark contrast to the -15.8% dip over the past year, revealing just how sensitive Exact Sciences has been to changing investor sentiment and larger market developments.
Looking further back, the roller coaster is clear. The stock has surged by 79.6% over three years, only to be offset by a -46.1% slide across five…
