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Resmed Inc. premarket rises 1.87% following GE HealthCare's cash dividend announcement and dividend declaration.
ByAinvest
Thursday, Jun 27, 2024 8:49 am ET1min read
Resmed Inc. experienced a premarket increase of 1.87% in trading, primarily driven by news from GE HealthCare Technologies Inc. The company declared a cash dividend for its second quarter, indicating a potential positive financial outlook and investor confidence. However, the focus on medical technology and diagnostics may not be directly linked to Resmed's core business, which primarily deals with respiratory equipment and solutions. The unrelated news about Venus Concept and Nexalin Technology's clinical study does not seem to have a direct impact on Resmed's stock performance.
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