MiniMed (MMED) shares drop 4.8% in Nasdaq debut, opening at $19.05 after raising $560M in IPO. Medtronic (MDT) retains 90% stake in diabetes device spinoff.

Shares ⁠of ⁠MiniMed, the ⁠diabetes business of medical ​device maker Medtronic, opened 4.8% ‌below their offer price ‌in their ⁠Nasdaq ⁠debut on Friday, valuing it at $5.3 billion. The ​Northridge, ...

Medtronic's diabetes business MiniMed shares opened 4.8% below their offer price in Nasdaq debut ​on Friday, valuing it at $5 ...

MiniMed has set the price for its planned initial public offering (IPO) ahead of an imminent separation from (NYSE:MDT).

In an amendment to an SEC filing, Medtronic's Diabetes unit, MiniMed, today priced its planned initial public offering (IPO).

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Feb 4 (Reuters) - Asset manager T. Rowe Price Group (TROW.O), opens new tab reported a higher fourth-quarter profit on Wednesday, as a stock market rally boosted the value of clients' assets. U.S.