Why is the ResMed share price down 4.9% today?
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It’s been a rather wild and woolly start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday so far. At the time of writing, the ASX 200 is down 0.17% after falling as much as 0.7% in morning trading earlier this session. But one ASX 200 stock is doing far worse than that. Let’s discuss the current state of the ResMed Inc. (ASX: RMD) share price.
The ResMed share price is making the ASX’s rough start to the week look pretty mild by comparison. This dual-listed healthcare stock ended last week at $39.53 a share. However, those same shares opened at just $37.85 this morning, before dropping to an intraday low of $37.58 soon after. That was a loss worth 4.93% at the time. The company is…
