LOGO
LOGO

Intraday Alerts

Medtronic Stock Rises 4% Over Higher Q1 Profit, Submission Of 510(k) Filings, Stategic Investments

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

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.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Business News

Looking to Invest in the Best Biotech Stocks? Subscribe to RTT Biotech Investor.
Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19