{IMAGERIGHT:http://www.massdevice.com/sites/default/files/checkup/090602_index1.jpg}Our Weekly Checkup takes the temperature of the 63 public medical device companies in the MassDevice Index. The index is weighted according to market capitalization, based on the number of shares outstanding for each company from its most recent quarterly report and each Friday’s closing share price.
The index for the week ended May 29 closed with a reading of 5.06, up more than 4.4 percent compared with the prior week. It’s the second week of growth for the index; since we began tracking these companies in late March, the index has risen 4.1 percent.