Shares of DexCom (DXCM) are down $9.24, or more than 7%, to $113.68 in Monday afternoon trading after rival Abbott (ABT) announced this morning that the U.S. FDA has cleared its FreeStyle Libre 2 and FreeStyle Libre 3 integrated continuous glucose monitoring, or CGM, system sensors for integration with automated insulin delivery systems.
Published first on TheFly
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