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Medtronic CEO Martha on beating estimates in Q1: Driven by growth across many of our businesses
Source: youtube.com
M&A & RestructuringHealthcare & BiotechCompany FundamentalsInvestor Sentiment & Positioning
Medtronic shares rose Tuesday after the company announced a $700 million investment in Cornerstone Robotics, a robotic surgical firm. The CEO, Geoff Martha, discussed the move on CNBC, indicating investor read-through is constructive on Medtronic’s robotics strategy. While supportive, the update is likely more stock-specific than market-wide.
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