India, July 8 -- Shares of ResMed Inc. (RMD) declined more than 5% after the company announced an agreement to divest its MatrixCare business as part of its strategy to sharpen its focus on sleep health and connected home-based care.
The stock is currently trading at $208.58, down $11.18 or 5.09%, on the NYSE. It opened at $212.53 after closing the previous session at $219.75. The stock has traded between $180.27 and $293.81 over the past 52 weeks.
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