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Why Insulet Stock Is Soaring This Week

·2 min read
Why Insulet Stock Is Soaring This Week
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Shares of Insulet (NASDAQ: PODD) were up 15.3% this week as of the market close on Thursday, according to data from S&P Global Market Intelligence. The big jump came following a report that Dexcom (NASDAQ: DCOM) and Insulet are in discussions about a potential merger. Investors clearly see the prospects of a merger with Dexcom as positive for Insulet.