Alert: Major Price Advance (5/10/24)-T2 Biosystems Inc (NASDAQ: TTOO).

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On 5/10/24, T2 Biosystems Inc (NASDAQ: TTOO) stock enjoyed a major increase of 15.8%, closing at $3.69. Moreover, trading volume in this advance was exceptionally high at 370% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 1.2% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, TTOO is expected to continue to be a major Value Eraser.

T2 Biosystems is currently unrated.

Rating Review

The stock is currently unrated.

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