Shares of Medtronic plc (MDT) are rising about 4 percent in Wednesday morning trading following the company's announcement regarding higher earnings in the first quarter, submission of a filing for expanded indications for the Hugo robotic-assisted surgery system in the United States, and strategic investments to support future expansion of the cardiac ablation portfolio.
The company's shares are currently trading at $77.21 on the New York Stock Exchange, up 4.75 percent. The stock opened at $77.12 and has climbed as high as $78.24 so far in today's session. Over the past year, it has traded in a range of $73.31 to $106.33.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.