Why Masimo Stock Crushed the Market Today
MASIMasimo(MASI) The Motley Fool·2024-09-26 06:45

The company seems to be effecting a smooth transition in its leadership.Medical tech company Masimo (MASI 6.01%) had some significant C-suite news to report on Wednesday, and investors clearly welcomed this. They collectively pushed the company's stock up by 6% across the day, which made the shares stand out as the S&P 500 index sagged marginally during that trading session.Interim CEO namedMasimo announced that its CEO Joe Kiani informed the board of directors that he has stepped down from his post. He was ...