Why Medtronic Stock Popped Today

Shares of medical devices manufacturer Medtronic (NYSE: MDT) are up a strong 3.8% in 3:08 p.m. EDT trading Tuesday after reporting a sizable earnings beat this morning.

Expected to report $1.32 per share in pro forma profit on sales of $7.9 billion, Medtronic instead reported $1.41 per share in profit and sales of just under $8 billion.  

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Source Fool.com