Outset Medical (OM) Sees Drastic 49.93% Fall on October 13

Outset Medical (OM) Sees Drastic 49.93% Fall

Outset Medical

NASDAQ: OM

October 13th, 2023: 3.39

−3.38 (49.93%)

On October 13th, 2023, Outset Medical (NASDAQ: OM)’s stock closed at $3.39, representing a significant decrease of 49.93% compared to the previous day's closing price of $6.77. The day's trading saw OM reach a high of $3.76 and a low of $3.18, indicating some volatility during the session. After the market closed, the stock continued to trade with an after-hours price of $3.38, only a marginal 0.29% decrease. The company's market capitalization stood at $168.79 million. 

Outset Medical's performance over the past year is reflected in its 52-week high and low values. The stock reached a high of $30.55 in the past year, signifying a substantial decline in value from its peak. In contrast, the 52-week low of $3.18 aligns closely with the stock's current value, underlining the challenges the company has faced during this period.