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home / news releases / FMS - Fresenius Medical gains after report of activist Elliott stake in Fresenius SE

FMS - Fresenius Medical gains after report of activist Elliott stake in Fresenius SE

Fresenius Medical Care AG

  • Fresenius Medical Care ( NYSE: FMS ) rose 3.1% in premarket trading on a report that activist Elliott Investment Management took a stake in Fresenius SE & Co. ( OTCPK:FSNUF ).
  • Elliott is said to have taken a substantial position in Fresenius SE and may be looking for a break up of the health care conglomerate, according to traders, who cited a Bloomberg report.
  • Last Monday  Jefferies downgraded Fresenius Medical Care ( FMS ) to hold from buy on Monday as the analysts pointed out that the staffing shortages and inflation could hurt the dialysis provider.

For further details see:

Fresenius Medical gains after report of activist Elliott stake in Fresenius SE
Stock Information
Company Name: Fresenius Medical Care AG
Stock Symbol: FMS
Market: NYSE
Website: freseniusmedicalcare.com
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