243.60
price up icon0.73%   2.055
 
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Why is Resmed Inc (RMD) Stock down?

We've noticed a 5.12% decline in Resmed Inc (RMD) stock during the 2024-09-18 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
12 Oct, 2023:

ResMed Inc. Stock (RMD) dropped by 5.50% from $144.23 to $136.30 in the trading on Thursday October 12, 2023. The reason why RMD stock down today is due to the downgrade from the analysts. RBC Capital lowered RMD price target from $273 to $202. RBC Capital analyst Craig Wong-Pan downgraded the stock from Outperform to Sector Perform.

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