Updated
Updated · MarketWatch · May 8
Teleflex stock rises 1.05% and outperforms rivals
Updated
Updated · MarketWatch · May 8

Teleflex stock rises 1.05% and outperforms rivals

14 articles · Updated · MarketWatch · May 8
  • Shares closed at $133.06 on Friday, extending gains to a fourth straight session as the S&P 500 rose 0.84% and the Dow added 0.02%.
  • Teleflex beat Johnson & Johnson, Medtronic and Boston Scientific, whose shares all fell during the session.
  • The stock finished 4.73% below its 52-week high of $139.67 set on 22 April, while trading volume of 947,200 topped its 50-day average.
Teleflex's stock is soaring despite its profit margins collapsing. Is this rally built to last?
With a private equity buyout looming, will Teleflex's massive restructuring actually deliver its promised value to investors?