ResMed shares are trading higher after the stock fell last week on sleep apnea data from Lilly.
Portfolio Pulse from Benzinga Newsdesk
ResMed shares are trading higher after experiencing a decline last week due to sleep apnea data released by Lilly.
April 22, 2024 | 1:29 pm
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POSITIVE IMPACT
ResMed shares are recovering after a previous drop influenced by sleep apnea data from Lilly.
ResMed's stock is directly impacted by the sleep apnea data released by Lilly, causing a temporary decline. The current recovery indicates a positive short-term outlook for ResMed, likely due to investors reassessing the impact of the data or broader market movements favoring ResMed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100