Alert: Major Price Advance (7/12/24)-T2 Biosystems Inc (NASDAQ: TTOO).

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T2 Biosystems Inc (NASDAQ: TTOO) stock closed at $5.49 on 7/12/24 after a major increase of 10.5%. However, this advance was accompanied by unusually low trading volume at 52% of normal. Relative to the market the stock has been weak over the last nine months but has risen 8.7% 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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