ConvaTec Group shares fall 1.88% and underperform market

10 articles · Updated · MarketWatch · May 7

The stock closed at £2.09 on Thursday as the FTSE 100 dropped 1.55% to 10,276.95 in a broadly weak UK trading session.
ConvaTec ended 32.84% below its 52-week high of £3.11, reached on June 5, indicating the shares remain well off recent peak levels.
Trading volume was 9.3 million shares, below the 50-day average of 12.0 million, suggesting lighter-than-usual activity during the decline.

Is ConvaTec's bullish forecast a sign of strength or a dangerous disconnect from the grim global economic reality?

With US reimbursement cuts slashing revenue, can ConvaTec's innovation strategy truly deliver its ambitious growth promises?