Masimo Corp. (MASI) – 30% Rise from Initial Public Offering Last Month
Masimo’s shares have rapidly gained in price since the company’s beginning on the public markets. Masimo Corporation is a medical technology company focused on developing, licensing and marketing advanced medical signal processing technologies and products for noninvasive monitoring of patient vital signs. Thursday of last week, the company announced that it has completed University of Wisconsin Hospital and Clinics' system-wide implementation of Masimo SET pulse oximetry. The University of Wisconsin Hospital and Clinics is a 471-bed facility that ranks among the finest academic medical centers in the United States. Joe E. Kiani, Chairman and CEO of Masimo, stated in the…