
IGM Biosciences (IGM): Understanding the Reasons Behind Its 76.91% Four-Week Decline and the Potential for a Turnaround
IGM Biosciences: An Oversold Stock with Potential for Reversal IGM Biosciences (IGMS), a leading biotech company, has recently experienced heavy selling pressure, resulting in the stock becoming technically oversold. This situation arises when a stock’s price has fallen significantly more than its underlying fundamentals would suggest, creating an opportunity for investors. Understanding Oversold Stocks An…