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Resmed CDI (ASX:RMD)

ResMed Inc ASX RMD share price
Health Care Equipment & Services

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ResMed Inc (ASX: RMD) is a United States based business that develops and manufactures medical devices to help people with sleep apnea, chronic obstructive pulmonary disease (COPD) and other chronic diseases. ResMed, which is short for Respiratory Medicine, was founded in 1989 by Dr Peter Farrell and now helps customers & patients in over 120 countries.

Resmed CDI (ASX:RMD) share price

Resmed CDI (ASX:RMD) share price news

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Drew Meredith, CFP

CRUNCHED: The ASX 200 is down, but it’s not out

On Wednesday, the Australian share market, or S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO), hits its lowest level since 2020. Overnight, however, a firm 0.75% increase in US interest rates allowed the US stock market to bounce 1.5%.

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