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Why Medtronic Stock Popped Today

TheMotleyFool

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Why Medtronic Stock Popped TodayPhoto, wide shot, wide-angle lens, Medical device manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/3a7f6312-1eee-4702-9005-93cc1e62f970.png

Shares of medical devices manufacturer Medtronic (NYSE: MDT) are up a strong 3.8% in 3:08 p.m. EDT trading Tuesday after reporting a sizable earnings beat this morning.

Expected to report $1.32 per share in pro forma profit on sales of $7.9 billion, Medtronic instead reported $1.41 per share in profit and sales of just under $8 billion.

Image source: Getty Images.

Source Fool.com

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