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Why Medifast Stock Jumped 46% in May

TheMotleyFool

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Medifast (NYSE: MED) shareholders beat the market by a wide margin last month. Their stock rose 46%, compared to a 0.55% uptick in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally pushed the health-and-wellness platform to an over 50% gain so far in 2021. Shares have risen by more than 160% in the past full year.

Image source: Getty Images.

Source Fool.com

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