MASI - What's Going On With Health Technology Company Masimo Shares Today? | Benzinga
Masimo Corporation (NASDAQ:MASI) shares are trading lower on Tuesday.
Yesterday, Masimo reportedly disclosed that a potential joint venture partner is poised to bid between $850 million and $950 million for its consumer business encompassing health and audio products, reported Reuters.
Masimo is currently engaged in active discussions with this unnamed partner regarding the joint venture terms, including Masimo’s proposal to manage ongoing litigation outcomes with Apple Inc. (NASDAQ:AAPL).