PHG - Why Is Philips Stock Trading Lower Today? | Benzinga
Tuesday, the FDA issued a warning to patients and healthcare providers to carefully monitor Koninklijke Philips NV's (NYSE: PHG) DreamStation 2 continuous positive airway pressure (CPAP) machines for signs of overheating.
This new safety issue comes as the FDA closely monitors Philips' handling of the June 2021 recall impacting millions of sleep therapy and respirator machines, including CPAP machines.
The polyester-based polyurethane ...