RMD News: ResMed (RMD) Gains From Strong Device Sales Amid Macro Woes - 10th Oct 2023, 2:15am

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ResMed RMD is leading the market with its cloud-connected flow generator platforms. However, macroeconomic headwinds continue to affect the stock. The stock carries a Zacks Rank #3 (Hold).

ResMed continues to see robust demand for its market-leading mask portfolio despite being faced with challenges related to lower new patient setups from a competitor recall. Continued product development is driving growth within this business globally. The company successfully introduced a full suite of masks...

>>> Read more: ResMed (RMD) Gains From Strong Device Sales Amid Macro Woes
 
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