Several of the large orthopedic device companies experienced nearly a three dollar decrease in stock prices between opening on Tuesday, Aug. 2 through Tuesday, Aug. 9.
Stryker
The opening price on Aug. 2 was $52.76, which was way down from the week before, and continued the downward trend throughout the week. Opening price on Monday was lower ($48.94) than it was on Friday ($50.36), and closed even lower at $47.43. On Aug. 9, the opening price was $47.90, nearly five dollars less than the week before.
Zimmer Holdings
The opening price for Aug. 2 was $57.58, and since then the company has taken one of the biggest hits over the past week. Zimmer Holdings prices fell more than a dollar from opening on Friday ($57.23) to opening on Monday ($55.66)and the price continued to fall throughout the day, closing at $53.90. Opening price on Aug. 9 was $51.80, almost six dollars below the week before.
Smith & Nephew
The opening price for Aug. 2 was $50.22, which was only slightly lower than the week before. However, in the following days, Smith & Nephew stock prices experienced a significant drop. There was nearly a two dollar drop between opening prices on Friday and opening prices on Monday, which were $46.28 and $42.86 respectively. The prices closed at $42.86 on Monday, which is only four cents more than the lowest price for the day. The opening price on Aug. 9 regained strength from the previous day, posting $44.04, but was still more than six dollars below the previous week.
Medtronic
The opening price for Aug. 2 was $34.59, and the drop over the next week was comparatively low. Opening price for Medtronic on Monday was $32.67, which is only a slight drop from Friday's opening price of $33.08. However, the closing price on Monday represented a significant drop to $31.07. Opening price on Aug. 9 was $31.15, which represents less than a four dollar drop from the week before.
Stryker
The opening price on Aug. 2 was $52.76, which was way down from the week before, and continued the downward trend throughout the week. Opening price on Monday was lower ($48.94) than it was on Friday ($50.36), and closed even lower at $47.43. On Aug. 9, the opening price was $47.90, nearly five dollars less than the week before.
Zimmer Holdings
The opening price for Aug. 2 was $57.58, and since then the company has taken one of the biggest hits over the past week. Zimmer Holdings prices fell more than a dollar from opening on Friday ($57.23) to opening on Monday ($55.66)and the price continued to fall throughout the day, closing at $53.90. Opening price on Aug. 9 was $51.80, almost six dollars below the week before.
Smith & Nephew
The opening price for Aug. 2 was $50.22, which was only slightly lower than the week before. However, in the following days, Smith & Nephew stock prices experienced a significant drop. There was nearly a two dollar drop between opening prices on Friday and opening prices on Monday, which were $46.28 and $42.86 respectively. The prices closed at $42.86 on Monday, which is only four cents more than the lowest price for the day. The opening price on Aug. 9 regained strength from the previous day, posting $44.04, but was still more than six dollars below the previous week.
Medtronic
The opening price for Aug. 2 was $34.59, and the drop over the next week was comparatively low. Opening price for Medtronic on Monday was $32.67, which is only a slight drop from Friday's opening price of $33.08. However, the closing price on Monday represented a significant drop to $31.07. Opening price on Aug. 9 was $31.15, which represents less than a four dollar drop from the week before.