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Why Livongo Health Jumped 25% in June

TheMotleyFool

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Shares of Livongo Health (NASDAQ: LVGO) were moving higher last month after the health tech stock got endorsements from several Wall Street analysts and as it reported research at a conference that demonstrated the value of its product, which helps diabetes patients manage their illness. According to data from S&P Global Market Intelligence, the stock finished June up 25%.

As you can see from the chart below, the bulk of the increase came in the middle of the month, during the conference.