Shares of medical device companies are trading higher in possible reaction to comments from UnitedHealth mentioning elevated volumes of non-urgent surgeries.
Portfolio Pulse from Benzinga Newsdesk
Medical device stocks are trading higher possibly due to UnitedHealth's comments on increased volumes of non-urgent surgeries.
June 14, 2023 | 3:56 pm
News sentiment analysis
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POSITIVE IMPACT
ENOV's stock price may rise due to UnitedHealth's comments on increased non-urgent surgery volumes.
UnitedHealth's comments on increased non-urgent surgery volumes may lead to higher demand for medical devices, positively impacting ENOV's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SNN's stock price may increase due to UnitedHealth's comments on higher non-urgent surgery volumes.
Higher non-urgent surgery volumes mentioned by UnitedHealth may result in increased demand for medical devices, positively impacting SNN's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
STE's stock price may rise in response to UnitedHealth's comments on increased non-urgent surgery volumes.
UnitedHealth's comments on higher non-urgent surgery volumes may lead to increased demand for medical devices, positively impacting STE's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TFX's stock price may increase due to UnitedHealth's comments on higher non-urgent surgery volumes.
Higher non-urgent surgery volumes mentioned by UnitedHealth may result in increased demand for medical devices, positively impacting TFX's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
ZBH's stock price may rise in response to UnitedHealth's comments on increased non-urgent surgery volumes.
UnitedHealth's comments on higher non-urgent surgery volumes may lead to increased demand for medical devices, positively impacting ZBH's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80