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Stryker Co. stock rose despite investor sell-offs, beating earnings expectations in Q1.
Stryker Co., a medical technology firm, saw its stock rise 1.4% in the first quarter, opening at $382.86 on May 15th.
Despite various investors adjusting their holdings, including Legacy Wealth Asset Management selling shares and Bond & Devick Financial Network reducing their stake, Stryker beat earnings expectations, reporting $2.84 EPS, $0.11 above estimates.
The company has a market cap of $146.13 billion and a "Moderate Buy" rating.
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Las acciones de Stryker Co. subieron a pesar de las ventas de inversionistas, superando las expectativas de ganancias en el primer trimestre.