spinoff

3 articles
The Motley FoolThe Motley Fool··David Jagielski, Cpa

SanDisk Stock Up 1,200% Post-Spinoff: Can Momentum Sustain?

SanDisk surged 1,200% post-spinoff, but consensus analyst target implies 23% downside, signaling lofty valuations may have already captured growth expectations.
SNDKWDCstock valuationmemory storage
The Motley FoolThe Motley Fool··Selena Maranjian

Medtronic Strengthens Market Position With Hugo Robotics Entry and Diabetes Spinoff

Medtronic gains FDA approval for Hugo robotic surgery system and spins off diabetes division, strengthening market position while reporting 8.7% revenue growth and maintaining 48-year dividend streak.
MDTISRGFDA approvaldividend growth
BenzingaBenzinga··Vandana Singh

J&J Pursues Strategic Divestiture of DePuy Synthes Orthopedics Unit

J&J plans to divest DePuy Synthes orthopedics unit valued at $20-28 billion. Private equity firms are negotiating potential acquisition bids as part of J&J's portfolio restructuring strategy.
JNJprivate equityearnings beat