Thread regarding Medtronic Inc. layoffs

Stock soon 70s

But more realistically, when will this ship finally sink under Captain GE-off?

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| 1531 views | | 11 replies (last April 30, 2024) | Reply
Post ID: @OP+1s0p46zP

11 replies (most recent on top)

Congratulations on 75 years, $1 for each year

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Post ID: @iwco+1s0p46zP

Stock down while the whole market is up, this is what winning looks like for the GE leadership mindset!

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Post ID: @efgx+1s0p46zP

A very strong year for MDT, down 12% vs. S&P 500 up 25% in the past year! Wow I am so happy to be a shareholder

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Post ID: @dunt+1s0p46zP

Back to 70s, thanks GM for your hard work!

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Post ID: @dtkr+1s0p46zP

It's already now sub-80 post-market, merely 2 weeks after a small pop due to a product approval.

GM is a finance guy through and through. He only knows how to pull those few levers... cut cost, create inorganic growth via M&A, and return bulk of free cash to shareholders to prop up stock price.

Zero mentions about investments in internal infrastructure, capabilities, and talent development. I honestly struggle to find a bright spot.

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Post ID: @2who+1s0p46zP

@avz+1s0p46zP bsx, not long before it over takes us lmao

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Post ID: @nuh+1s0p46zP

New CEO please!!!!!!!! Mindset and reorg isn’t profitable. Cut the C suite fat.

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Post ID: @gte+1s0p46zP

Buy when the stock is down is the right thing to do, duh!!

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Post ID: @tqo+1s0p46zP

Lmao whole market is down. Tell me one medical device stock which isnt. its just bots trading with each other. Smart people are buying medtronic stock right now like Jim Cramer mentioned yesterday. https://www.cnbc.com/2024/04/09/cramers-lightning-round-medtronic-is-a-buy.html

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Post ID: @avz+1s0p46zP

Just hit 70s.

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Post ID: @tdh+1s0p46zP

I'm not saying GM is struggling to make mdt stock attractive, but to post this when the whole market is down is kind of weird.

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Post ID: @sfn+1s0p46zP

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