MDT Stock Might Gain From Expanded AiBLE Ecosystem and New Partnership [Yahoo! Finance]
SIEMENS AG SPONS ADR (SIEGY)
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Source: Yahoo! Finance
At the North American Spine Society's 39th Annual Meeting in Chicago, Medtronic plc MDT commercially launched several software, hardware and imaging innovations to advance its AiBLE spine technology ecosystem. In addition, the company announced a partnership with Siemens Healthineers to explore opportunities for expanding access to cutting-edge pre and post-operative imaging technologies for spine care. MDT Stock's Trend Following the News After the announcement, shares of MDT dipped 0.4% to close at $89.39 yesterday. However, the recent developments are expected to fortify its Cranial & Spinal Technologies division (a part of the Neuroscience portfolio), which has been seeing increasing demand for Core Spine and Biologics products driven by the AiBLE spinal ecosystem pull-through. Accordingly, we expect market sentiment toward the MDT stock to remain positive surrounding this news. The MedTech giant currently has a market capitalization of $115.12 billion. The company has an e
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