YmAbs Therapeutics (YMAB) Loses -26.93% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
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YmAbs Therapeutics (YMAB) has experienced a significant decline of 26.93% 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.
February 03, 2025 | 3:45 pm
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YmAbs Therapeutics has seen a 26.93% decline in its stock price over the last four weeks. The stock is now considered oversold, and analysts are raising earnings estimates, indicating a potential trend reversal.
The stock's significant decline has led it into oversold territory, which often precedes a price rebound. Additionally, the consensus among analysts to raise earnings estimates suggests improved future performance, supporting the likelihood of a trend reversal.
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