Masimo stock jumped Wednesday after Chief Executive Joe Kiani resigned. But, importantly, the company's other executives stayed on board.
IRVINE, Calif., September 25, 2024--Today the Board of Directors (the "Board") of Masimo (Nasdaq: MASI) a leading global medical innovator, provided a series of leadership and business updates:
Masimo (MASI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.