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On Tuesday, shares of Qiagen NV (QGEN) dropped below their 200-day moving average of $44.79, hitting a low of $43.26 per share and currently trading down about 3% for the day. The stock’s performance is notable as it has a 52-week range of $37.63 to $51.875, with the last trade at $44.12.
The decline indicates a significant shift in trading behavior, as the 200-day moving average is often viewed by investors as a key indicator of a stock’s long-term trend.
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