ResMed shares are trading lower following sleep apnea data from Lilly.
Portfolio Pulse from Bill Haddad
ResMed shares are trading lower following sleep apnea data from Lilly.
June 21, 2024 | 7:54 pm
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NEGATIVE IMPACT
ResMed shares are trading lower following the release of new sleep apnea data from Lilly, which may have implications for ResMed's market position in the sleep apnea treatment space.
The release of new sleep apnea data from Lilly could indicate competitive pressure on ResMed's products, leading to a negative impact on ResMed's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100