ResMed settles down after earnings release high

August 5, 2013 by Arezu Sarvestani

Shares of medical device maker ResMed's stock fall back to earth, and then some, after a 4 point spike that followed a 4th quarter earnings report with record sales and income.

ResMed stock settles down after earnings release high

ResMed (NYSE:RMD) got Wall Street's attention after posting record sales and income for its 4th quarter, but shares have dropped back down, and then some, since the initial rush last week.

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