Philips shares jump 37% resulting in a $28.9 billion valuation

Royal Philips NV shares soared by a record after a lower-than-expected settlement on US claims linked to faulty sleep apnea devices, stoking hopes the manufacturer has moved past concerns that have dogged it for the past three years. The stock surged 37% in Amsterdam following the statement to…#royalphilipsnv #amsterdam #dutch #hollyfroum #fda #philips #royjakobs #bloombergtelevision #jakobs #doj
Source: Reuters: Health - Category: Consumer Health News Source Type: news