Down -30.89% in 4 Weeks, Here's Why Lyell Immunopharma (LYEL) Looks Ripe for a Turnaround
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Lyell Immunopharma (LYEL) has seen a significant decline of 30.89% over the past four weeks. However, the stock is now in oversold territory, and Wall Street analysts are raising earnings estimates, suggesting a potential trend reversal.
December 13, 2024 | 3:45 pm
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Lyell Immunopharma has experienced a significant decline of 30.89% in the past month. The stock is now considered oversold, and analysts are raising earnings estimates, indicating a potential for a trend reversal.
The stock's significant decline has placed it in oversold territory, which often precedes a price rebound. Additionally, the consensus among analysts to raise earnings estimates suggests improved future performance, supporting a potential upward trend.
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