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Pinnacle Investment Reduces Stake in Fisher & Paykel Healthcare

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An announcement from Fisher & Paykel Healthcare Corporation Limited ( (FSPKF) ) is now available.

Pinnacle Investment Management Group Limited has disclosed a reduction in its substantial holding of Fisher & Paykel Healthcare Corporation Limited’s ordinary shares. The holding decreased from 5.1562% to 4.9783%, following a series of transactions involving both sales and purchases of shares. This change in shareholding might impact the company’s market dynamics and investor relations, reflecting Pinnacle’s strategic adjustments in its investment portfolio.

More about Fisher & Paykel Healthcare Corporation Limited

Fisher & Paykel Healthcare Corporation Limited is a company operating in the healthcare industry, primarily focusing on the design, manufacture, and marketing of products and systems for use in respiratory care, acute care, and the treatment of obstructive sleep apnea. The company is known for its innovative healthcare solutions and has a significant market presence in the medical devices sector.

YTD Price Performance: -36.90%

Average Trading Volume: 296

Technical Sentiment Signal: Buy

Current Market Cap: $11.43B

See more insights into FSPKF stock on TipRanks’ Stock Analysis page.

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