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Stock impact report

MiniMed Group: Medtronic's Diabetes Business Does Not Convince [Seeking Alpha]

MIDAS MEDICI GROUP (MMED) 
Company Research Source: Seeking Alpha
The IPO priced below range at $20/share, raising $560M; Medtronic retains 90% ownership, and MiniMed holds $350M net cash. MiniMed faces intense competition and execution risks as a standalone entity, with profitability elusive despite a large addressable diabetes market. Low valuation is offset by a lack of realistic profitability scenarios, making conviction difficult even as growth and market potential remain. 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 » Getty Images Shares of MiniMed Group, Inc. ( MMED have been trading lower after it went public, as the public reception of the diabetes business of Medtronic ( MDT has been very soft. While the company claims a leading role in diabetes and posts More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we Show less Read more
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