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Barchart
Barchart
Aditya Sarawgi

UNBELIEVABLE: How is resmed s stock performance compared to other healthcare stocks | History Defined

ResMed RMD

San Diego, California-based ResMed Inc. (RMD) develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the US and internationally. With a market cap of $39.6 billion, ResMed operates through Sleep and Breathing Health and Residential Care Software segments.

Companies worth $10 billion or more are generally described as "large-cap stocks." RMD fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the medical instruments & supplies industry.

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