Zimmer Biomet Spin-Off’s Share Price Plummets

The share price for ZimVie, Zimmer Biomet’s spinal and dental spin-off company, dropped following its launch on NASDAQ.

Zimmer Biomet Holdings completed the long-awaited spin-out of its spinal and dental businesses wrapped up in the new name ZimVie

While Zimmer’s share price saw an uptick following the spin-out announcement, trading of ZimVie’s shares on the NASDAQ under the ticker ZIMV has received little market confidence since the stock...

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