Why Diabetes Stock Dexcom Jumped 14.6% in February While the Market Dropped

Shares of medical device maker Dexcom, Inc. (NASDAQ: DXCM) gained 14.6% in February, according to data from S&P Global Market Intelligence. 

That performance is even stronger than it might initially seem considering the S&P 500 index dropped 8.2% last month due to concerns that the novel coronavirus, COVID-19, could blunt global economic growth. 

Dexcom stock is up a whopping 95.1% over the one-year period through March 5, compared to the broader market's 10.6% return over this period.

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Source Fool.com