Philips and the U.S. government collaborate in ventilator production ramp up to combat COVID-19 pandemic
Koninklijke Philips N.V. NY Registry Shares (PHG)
US:NYSE Investor Relations:
philips.com/a-w/about/investor.html
Company Research
Source: GlobeNewswire
April 8, 2020 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the U.S. Government and Philips agreed to team up to increase the production of hospital ventilators in its manufacturing sites in the U.S. Philips plans to double the production by May 2020 and achieve a four-fold increase by the third quarter of 2020 for supply to the U.S. and global markets. Such ventilators are critical for the treatment of patients with the new coronavirus disease (COVID-19). Philips will invest several tens of millions in its ventilator manufacturing sites in the U.S. “We are actively collaborating with the U.S. government to help save lives in the U.S. and across the globe,” said Frans van Houten, CE
Show less
Read more
Impact Snapshot
Event Time:
PHG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PHG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PHG alerts
High impacting Koninklijke Philips N.V. NY Registry Shares news events
Weekly update
A roundup of the hottest topics
PHG
News
- Koninklijke Philips N.V. (PHG): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Philips reiterates timing of 2026 outlookGlobeNewswire
- Philips expands commercial availability of world’s first real-time AI-enabled light-based 3D navigation solution for image-guided therapyGlobeNewswire
- Philips launches Verida, world’s first detector-based spectral CT powered by breakthrough AI, to advance diagnostic precisionGlobeNewswire
- Philips unveils BlueSeal Horizon, industry’s first helium-free 3.0T MRI platformGlobeNewswire
PHG
Earnings
- 11/4/25 - Miss
PHG
Sec Filings
- 11/4/25 - Form 6-K
- PHG's page on the SEC website