How Medtronic Beat Wall Street Expectations in Its Fiscal Q4
COVID-19's economic impact hit Medtronic (NYSE: MDT) especially hard last year. The effects are quite visible simply by looking at the stock chart for the big medical device maker. Its shares eked out a 3% gain in 2020 after plunging close to 40% at one point.
This year is looking much better, though. The healthcare stock was up nearly 8% year to date as Medtronic announced its fiscal 2021 fourth-quarter results before the market opened on Thursday. Here are the highlights from its quarterly update.
Image source: Medtronic.
Source Fool.com
