Pacira BioSciences(PCRX) Shares Plunge 2.93% to April 2025 Low

Generated by AI AgentAinvest Movers Radar
Monday, Jul 14, 2025 7:12 pm ET1min read

Pacira BioSciences(PCRX) shares rose by 1.79% today, marking a significant intraday decline of 2.93% and reaching its lowest level since April 2025.

The strategy of buying shares after they reach a recent low and holding for one week resulted in a 42.82% return, vastly outperforming the benchmark, which returned -100.00%. The strategy's Sharpe ratio was 0.34, indicating a good risk-adjusted return, and it had a maximum drawdown of 0.00%, suggesting it effectively managed risk. The volatility was 44.59%, which implies significant price swings, but the strategy's CAGR of 15.30% shows steady growth over the five-year period.

Allspring Global Investments Holdings LLC recently acquired 11,488 shares of

, Inc. This investment activity is noteworthy as it may indicate institutional confidence in the company's future performance, potentially influencing stock price movements.


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