Dr Reddy Stock
Doctor Reddy's (RDY) stock has been on a downward trend, with a loss of -6.1% in the past 4 weeks. The company's stock price has shown some fluctuations with a 1-month return of 1.66%. Despite this, there may be a potential trend reversal in the near future. The stock has a market cap of $10.92B and a YTD change of 27.92%, indicating a strong performance for the year. On Monday, shares of Dr. Reddy's Laboratories dropped by 5.8% following FDA concerns with three of its drugs. This has caused a slight decrease in the company's stock price.
As of the most recent information, the stock of Dr. Reddy's Laboratories (RDY) has been on a downward trend and experienced a loss of -6.1% in the past 4 weeks. Although the stock price has fluctuated, the 1-month return is noted at 1.66%. Notably, there is a possibility of a potential trend reversal in the near future. The company holds a market capitalization of $10.92 billion and has demonstrated a strong year-to-date change of 27.92%. However, it's important to mention that on Monday, shares of Dr. Reddy's Laboratories fell by 5.8% following FDA concerns related to three of its drugs, resulting in a slight decline in the company's stock price.
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