News Formal

GE HealthCare shares rise in market debut

  • 📰 Reuters
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares of GE HealthCare Technologies Inc reversed course to trade up 4.4% in their market debut on Wednesday, after the medical equipment maker completed its separation from industrial conglomerate General Electric Co .

to simplify its business, pare down debt and breathe life into battered shares.

But the healthcare unit, in which GE will hold a 19.9% stake after the spin-off, has been a bright spot in recent quarters, as strong demand for its medical equipment and services allowed it to raise prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Female Founders Are Energizing Investment In Women’s Healthcare: Expect More In 2023Women recognize that, when it comes to healthcare, they are different from men. They are developing products and services to address these differences, and investors are taking note.
Source: ForbesWomen - 🏆 477. / 51 Read more »