Globus Medical Inc
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Health Care : Health Care Equipment & Supplies | Mid Cap Growth
Company profile

Globus Medical, Inc. is a medical device company. The Company is focused on developing products for patients with musculoskeletal disorders. It is focused on products to treat patients with spine disorders. The Company's products fall under categories, which include Innovative Fusion and Disruptive Technologies. The Innovative Fusion category products include fusion products to treat spinal disorders for the entire spine, and they can be used in various surgical approaches. The Disruptive Technologies category represents a shift in the treatment of spinal disorders by allowing for surgical procedures and the treatment of spinal disorders. QUARTEX is its Occipito-Cervico-Thoracic (OCT) stabilization system. QUARTEX features a threading locking cap to enable low-torque. The Company's portfolio of approved and pipeline Disruptive Technology products includes products that allow for minimally invasive surgical (MIS) techniques.

Closing Price
$53.74
Day's Change
-1.06 (-1.93%)
Bid
--
Ask
--
B/A Size
--
Day's High
54.71
Day's Low
53.26
Volume
(Average)
Volume:
559,650

10-day average volume:
607,687
559,650

UPDATE: Spotify stock falls after report says Amazon may invest in localized podcasts

1:34 pm ET May 26, 2020 (MarketWatch)
Print

Shares of Spotify Technology SA (SPOT) are down 0.4% in Tuesday morning trading after Axios reported (https://www.axios.com/amazon-local-podcasts-498bf9bb-91f6-4a72-bbb4-60c2352fc67a.html) that Amazon.com Inc. (AMZN) was interested in investing in localized podcast content. The report said that sports content was "top of mind" for the e-commerce giant as it looks to pair the audio programming with the video rights to live sports. Amazon is also interested in news content so that it has "short-form audio content" that it can present users who ask relevant questions to its Alexa voice assistant. Amazon declined to comment on its plans. Spotify has been getting more serious about its podcasting ambitions and it recently scooped up the exclusive rights to comic Joe Rogan's podcast (http://www.marketwatch.com/story/who-is-joe-rogan-the-man-who-just-scored-a-reported-100-million-deal-with-spotify-2020-05-20) in a multi-year deal reportedly worth more than $100 million. Spotify shares have added 35% over the past three months as the S&P 500 has dropped 3.3%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 26, 2020 13:34 ET (17:34 GMT)

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