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Stock impact report

Globus Medical: Almost Having My Back [Seeking Alpha]

Globus Medical, Inc. Class A (GMED) 
Last globus medical, inc. class a earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.globusmedical.com
Company Research Source: Seeking Alpha
The company has a strong track record in the spine industry and has been outgrowing its competitors. Despite the uncertainty caused by the deal, Globus has seen solid operating momentum and valuations have become more attractive. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » In February, I believed that shares of Globus Medical, Inc. ( NYSE: GMED were seeing back pains. The company has been a long-term secular growth play in the spine industry, and despite its strong track record, it surprised investors with a $3 billion deal for NuVasive, which has seen a terrible reception despite anticipated cost synergies. Given this backdrop, I believed that a 25% pullback looked interesting, although the situation would remain uncertain for a while and pre-deal valuations were quite demanding. With Globus doing well on a standalone basis so far this year, and shares down another ten d Show less Read more
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