Medifast (MED) Tumbles 25% in 3 Months: Should You Buy Now?
Medifast(MED) ZACKS·2024-08-14 22:36
Medifast, Inc. (MED) , a leading weight management and healthy living products company, has faced a tough period, with its stock declining significantly by 24.7% over the past three months. This decline is notably steeper compared with the industry's decline of 5.4% and the Zacks Food - Miscellaneous sector's marginal decline of 1% in the same timeframe. The current stock price is down 79% from its 52-week high of $92.13, highlighting the severity of the downturn. Medifast's stock is trading below its 50-da ...