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May 08, 2023
Fresenius Medical Care is down to $23.23, after ending Friday at $23.42. Overall, a 0.83% loss or 19.5 cents today.
As the trading day commences, technical analysis suggests Fresenius Medical Care AG & Co. KGaA could begin to recover as it approaches significant support, now 2 cents away from $23.25. Dipping below could be an indication that further losses are ahead.
In the meantime, negative performances are also seen in other health care stocks as Amgen is down 1.7% from the beginning of the session and now trades around $232.52. After closing the previous session (Friday) at $55.77, Sanofi lost 51.5 cents and is trading around $55.26.
Positive performances can be seen by looking at other health care stocks as Novo Nordisk is up 3.72%.
Furthermore, United States EIA Short-Term Energy Outlook scheduled to come out tomorrow at 16:00 UTC.
The kidney dialysis specialist has managed to gain 45.38% so far this year despite trading at lows around $12.81 previously.
