C4 Therapeutics (CCCC) Loses -23.14% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
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C4 Therapeutics (CCCC) has experienced a significant decline of 23.14% over the past four weeks. However, the stock is now in oversold territory, and Wall Street analysts are revising earnings estimates higher, suggesting a potential trend reversal.
February 26, 2025 | 4:00 pm
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C4 Therapeutics has seen a 23.14% decline in its stock price over the last four weeks. The stock is now considered oversold, and analysts are revising earnings estimates upwards, indicating a potential trend reversal.
The stock's significant decline has led it to oversold territory, a technical indicator that often precedes a price rebound. Additionally, the upward revision of earnings estimates by analysts supports the likelihood of a positive price movement.
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