Galapagos (GLPG) Loses -21.19% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
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Galapagos (GLPG) has experienced a significant decline of 21.19% 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 05, 2025 | 4:00 pm
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Galapagos (GLPG) has seen a 21.19% decline in the past month, but the stock is now oversold. Analysts are raising earnings estimates, indicating a potential trend reversal.
The stock's oversold status suggests that the selling pressure may have been overdone, and the raised earnings estimates by analysts provide a positive outlook, indicating a potential upward movement in the stock price.
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