Advertisement
New Zealand markets open in 5 hours 57 minutes
  • NZX 50

    12,638.90
    -55.94 (-0.44%)
     
  • NZD/USD

    0.5944
    -0.0032 (-0.54%)
     
  • ALL ORDS

    8,422.10
    -17.40 (-0.21%)
     
  • OIL

    69.49
    +0.88 (+1.28%)
     
  • GOLD

    2,749.90
    -50.90 (-1.82%)
     

This Healthcare Stock Is the Best Performer in the S&P 500 After FDA Approval

This Healthcare Stock Is the Best Performer in the S&P 500 After FDA Approval

Insulet stock was surging Tuesday after the healthcare company said its Omnipod 5 Insulin System got approval from the Food and Drug Administration. Insulet said in a news release Tuesday that its Omnipod 5 Automated Insulin Delivery System has been cleared by the FDA for use by people over 18 with Type 2 diabetes. The Omnipod 5 is an insulin delivery system that is used to manage blood sugar levels.