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.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 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.
