Hologic Hits New 52-Week Low: How to Play the Stock Now?
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Hologic (HOLX) reached a new 52-week low following mixed Q1 fiscal 2025 results. Despite this, the stock is seen as having strong rebound potential.
January 15, 2025 | 2:30 pm
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Hologic's stock hit a new 52-week low due to mixed Q1 fiscal 2025 results, but it is considered to have strong rebound potential.
The stock's new 52-week low is a direct result of the market's reaction to its mixed earnings report. However, the mention of strong rebound potential suggests that investors might see this as a buying opportunity, potentially driving the stock price up in the short term.
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