Smith & Nephew shares lost 7.14% last week — 5 key updates

Smith & Nephew shares dropped 7.14 percent in the last week, according to a Winston View report.

Advertisement

Here are five key notes:

 

1. In the last four weeks, Smith & Nephew shares dropped 5.83 percent, but they’re still only marginally negative compared with the S&P 500 for this past week, according to the report.

 

2. Smith & Nephew shares underperformed the index by 6.55 percent over the past four years.

 

3. The report cautions investors to watch for additional “signals and trade” cautiously.

 

4. In the past month, Smith & Nephew reported a negative 49.37 percent change in short interest.

 

5. The average trading volume in the past 20 trading days is 516,098.

 

More articles on orthopedic devices:
Lumin Health names two new executives
Medtronic, LDR, Smith & Nephew & more—25 key notes
5 key trends in the global bio-implants market

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

  • Since March 25, there have been two key developments in lawsuits involving spine medtech companies. 1. The U.S. Court of…

  • The highest-paid CFOs at spine and orthopedic medtech companies saw total compensation reaching in the mid-single digits and beyond. Here…

Advertisement

Comments are closed.