Tandem Diabetes Shares Dropped Friday as Market Watched for Next Week’s Move
Tandem Diabetes Care closed down around 5% to $14.96 on Friday, ahead of the long Memorial Day weekend. The insulin-pump maker’s shares ended the session lower as Nasdaq will be closed through Monday. Tandem shares had bounced going into the end of the week. The LSEG-based lookup had TNDM finishing at $13.53 on Monday, $15.76 on Thursday, then slipping to $14.96 at Friday's close. That's still a gain of roughly 10.6% from where it started, despite giving up ground late in the week.