Learn / GMED
NYSE: GMED
Globus Medical (GMED) stock, explained like you're 5
Globus Medical trades on the New York Stock Exchange under the ticker GMED. It is a large cap company in the medical/dental instruments industry, part of the healthcare sector, with a market value of about 10 billion dollars.
- Ticker
- GMED
- Exchange
- New York Stock Exchange
- Sector
- Healthcare
- Industry
- Medical/Dental Instruments
- Size
- Large cap, about 10 billion dollars
Is Globus Medical a small, medium or large cap company?
Yes. Globus Medical is a large cap stock. Its market cap, which is the total value of all its shares, is about 10 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Globus Medical makes money
- Selling medicines, medical devices or healthcare services.
- Insurance premiums or hospital and clinic fees.
- Research and licensing deals.
What moves GMED stock
- Results from clinical trials and approvals from regulators.
- Drug prices, insurance rules and government policy.
- Patents running out and new competing treatments.
In the news lately
- Globus Medical (GMED) Stock Looks Discounted Against Its Earnings Outlook (Yahoo Finance)
- Globus Medical (GMED) Stock Still Looks Cheap As Its 3 Year Gain Hits 50% (Simply Wall Street)
- A new platform is designed to let surgeons tailor spinal implants to each patient. Globus Medical will preview it at NASS. (Stock Titan)
- GMED or AXGN: Which Is the Better Value Stock Right Now? (Yahoo Finance)
- Globus Medical (GMED) Unveils New Spine Platforms Following A Narrative Of Undervaluation (Simply Wall Street)
Follow GMED in your daily brief
Each trading day at 5 PM ET we post what happened to Globus Medical and why it matters, in simple words. Free.
Start my free briefKey terms to know before you follow GMED
Questions about Globus Medical stock
What does Globus Medical do?
Globus Medical trades on the New York Stock Exchange under the ticker GMED. It is a large cap company in the medical/dental instruments industry, part of the healthcare sector, with a market value of about 10 billion dollars.
What is the ticker symbol for Globus Medical?
Globus Medical trades under the ticker GMED on the New York Stock Exchange.
What is Globus Medical's market cap?
Globus Medical is a large cap stock with a market cap of about 10 billion dollars.
How does Globus Medical make money?
Selling medicines, medical devices or healthcare services. Insurance premiums or hospital and clinic fees. Research and licensing deals.
What moves GMED stock?
Results from clinical trials and approvals from regulators. Drug prices, insurance rules and government policy. Patents running out and new competing treatments.
How can I follow GMED stock every day?
Add GMED to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
Similar stocks
Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.