Glucose monitoring device maker DexCom stock rallies more than 50% in October to pace the S&P 500
keep them on track to be the S&P 500’s best October performer with a month-to-date gain of 50.6%. The rally comes as maker of glucose monitoring systems reported last week third-quarter results that beat expectations and got a boost from the Centers for Medicare and Medicaid Services’ issuing a proposal that would expand the coverage of glucose monitoring devices. Just behind DexCom on the S&P 500’s October best-performers list was cruise operator Norwegian Cruise Line Holdings Ltd.’s shares with a 49.7% rally this month, followed by oil services company Halliburton Co.’s stock with a 47.4% gain. Year to date, the S&P 500’s best performer has been oil and gas producer Occidental Petroleum Corp.’s stock by a wide margin, as it has rocketed 154.6% this year while fellow energy company Hess Corp.’s stock was second with a 92.9% advance.
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