ResMed shares are trading higher, possibly rebounding after the stock dipped last week following worse-than-expected Q4 adjusted EPS results.
Portfolio Pulse from Benzinga Newsdesk
ResMed shares are trading higher, possibly rebounding after the stock dipped last week due to worse-than-expected Q4 adjusted EPS results.
August 07, 2023 | 12:22 pm
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ResMed's stock is rebounding after a dip last week due to worse-than-expected Q4 adjusted EPS results.
ResMed's stock price is directly impacted by its earnings results. The worse-than-expected Q4 adjusted EPS results led to a dip in the stock price last week. However, the stock is now rebounding, which indicates a positive short-term impact.
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IMPORTANCE 80
RELEVANCE 100