Masimo Corporation Fell 12.7% in August -- but Why?
Shares of Masimo Corporation (NASDAQ: MASI), a medical-device company focused on noninvasive testing equipment, fell by more than 12% in August, according to data from S&P Global Market Intelligence. The cause of the decline isn't entirely clear, because the company reported strong second-quarter results and even raised full-year guidance.
Here's a look back at the headline numbers from the company's second quarter:
Even though Masimo posted great results and raised guidance, its stock still fell about 10% in the trading session following this report.
Source: Fool.com
Masimo Corp. Aktie
99,80 €
-0,74 %
Positive Community-Reaktionen für Masimo Corp. mit einigen mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 147 € für Masimo Corp. bedeutet eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 99.8 €.
