Alert: Major Price Decline (1/2/24)-MiMedx Group Inc (NASDAQ: MDXG).

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On 1/2/24, MiMedx Group Inc (NASDAQ: MDXG) stock suffered a major decline of -10.3%, closing at $7.87. Moreover, trading volume in this decline was exceptionally high at 227% of normal. The stock has declined -12.4% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, MDXG is expected to be a major Value Eraser.

MiMedx Group is currently unrated.

Rating Review

The stock is currently unrated.

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