Why Shares of Masimo Are Dropping Tuesday
Shares of (NASDAQ: MASI) were down by 18.5% as of 1:30 p.m. on Tuesday. The patient monitoring company announced preliminary numbers for the second quarter after the markets closed on Monday. The stock is now down by about 19% so far this year.
Masimo is a healthcare company that focuses on patient monitoring technologies, including measurements, sensors, patient monitors, and automation and connectivity solutions.
Its preliminary second-quarter revenue numbers came in lower than expected, leading management to say it plans to find ways to cut costs for the rest of the year.
Source Fool.com
Masimo Corp. Aktie
95,60 €
-4,13 %
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 50% gegenüber dem aktuellen Kurs von 95.6 €.
