Dexcom, Inc. shares rise 1.22% premarket as equity markets rebound on Fed rate cut bets.

Dexcom, Inc. rose 1.22% in premarket trading. The stock's movement aligns with the broader market sentiment, as equity markets have been rising intraday following Friday's decline. Additionally, the anticipation of Federal Reserve interest rate cuts, driven by disappointing economic data, has boosted market optimism. This positive outlook, coupled with the overall bullish sentiment in the market, likely contributed to Dexcom's premarket gain.