MiniMed MMED
-5.2%vs Day 1Spinoff of Medtronic (MDT) · IPO Carve-Out · Spun Mar 6, 2026
Current Stats
Post-Spinoff Performance
| Timeline | |
| Spinoff date | March 6, 2026 · Nasdaq |
| Days since spinoff | 206 days |
| Structure | IPO Carve-Out |
| Parent | Medtronic (MDT) |
| Day-1 reaction | |
| Day 1 open | $19.05 |
| Day 1 return (open→close) | -2.9% |
| Day 1 price (close) | $18.49 reported $19.05 (open) |
| Day 1 range | $18.25 – $20.48 +12.2% spread |
| Day 1 low held? | Breached after 1 session to -41.6% below |
| Price levels | |
| Post-spin low (closing) | $10.80 on May 15, 2026 · 70 days post-spin |
| Current price (Sep 25, 2026) | $19.98 |
| Returns | |
| Return vs Day 1 (close) | +8.1% |
| — range by day 1 entry theoretical bounds | -2.4% to +9.5% |
| Return vs post-spin low | +85.0% |
| First-quarter return (≈90d) | -24.0% |
| Versus benchmarks | |
| S&P 500 over same window | +15.6% |
| Shares & ownership | |
| Shares outstanding Apr 30, 2026 | 280,819,988 |
| Diluted average shares the EPS denominator | 280,813,348 |
| Free float | 28,466,986 10% of shares outstanding |
| Held by institutions | 14% insiders 89.9% |
| Share count trend Apr 2025 → Apr 2026 | +0.0% broadly flat |
| Volume & liquidity | |
| Traded per day 20-session median | $55M |
| Normal volume baseline | 909,150 shares · now 2.91x |
| Day 1 volume | 9.7x normal · first week 3.5x |
| Decay | half in 2 sessions · normal by 8 |
Computed from split-adjusted closing prices. Returns are total return — (end price + dividends received − start price) ÷ start price — with no reinvestment assumed.
Price History
Closing price, split-adjusted, with volume below. No dividends have been paid, so price return and total return are the same. Source: Yahoo Finance. Data through Sep 26, 2026.
Raw daily price & volume data
| Date | Open | High | Low | Close | Volume | Float | Turnover | Market cap | Dividend | Split |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-09-25 | $20.75 | $20.75 | $19.71 | $19.98 | 2,554,400 | 28,466,986 | 0.91% | $5.61B | — | — |
| 2026-09-24 | $20.69 | $21.03 | $20.29 | $20.44 | 3,413,500 | 28,466,986 | 1.22% | $5.74B | — | — |
| 2026-09-23 | $21.17 | $21.26 | $20.37 | $20.54 | 2,845,300 | 28,466,986 | 1.01% | $5.77B | — | — |
| 2026-09-22 | $21.68 | $21.69 | $20.99 | $21.20 | 2,803,900 | 28,466,986 | 1.00% | $5.95B | — | — |
| 2026-09-21 | $22.14 | $22.30 | $21.09 | $21.12 | 2,331,700 | 28,466,986 | 0.83% | $5.93B | — | — |
| 2026-09-18 | $22.10 | $22.17 | $21.74 | $21.79 | 2,881,500 | 28,466,986 | 1.03% | $6.12B | — | — |
| 2026-09-17 | $22.57 | $22.68 | $21.74 | $22.03 | 2,730,500 | 28,466,986 | 0.97% | $6.19B | — | — |
| 2026-09-16 | $22.14 | $23.36 | $22.09 | $22.40 | 4,068,100 | 28,466,986 | 1.45% | $6.29B | — | — |
| 2026-09-15 | $22.52 | $22.52 | $21.70 | $22.01 | 2,127,100 | 28,466,986 | 0.76% | $6.18B | — | — |
| 2026-09-14 | $21.50 | $22.73 | $21.27 | $21.97 | 4,386,500 | 28,466,986 | 1.56% | $6.17B | — | — |
| 2026-09-11 | $23.03 | $23.74 | $22.28 | $22.50 | 1,423,600 | 28,466,986 | 0.51% | $6.32B | — | — |
| 2026-09-10 | $22.54 | $23.17 | $22.10 | $22.44 | 1,651,100 | 28,466,986 | 0.59% | $6.30B | — | — |
| 2026-09-09 | $23.22 | $23.31 | $22.51 | $22.76 | 1,587,700 | 28,466,986 | 0.57% | $6.39B | — | — |
| 2026-09-08 | $23.16 | $23.44 | $22.74 | $23.32 | 1,052,100 | 28,466,986 | 0.37% | $6.55B | — | — |
| 2026-09-04 | $23.84 | $23.90 | $23.17 | $23.29 | 1,719,300 | 28,011,199 | 0.61% | $6.54B | — | — |
| 2026-09-03 | $23.88 | $24.16 | $23.19 | $23.84 | 4,268,100 | 27,960,714 | 1.52% | $6.69B | — | — |
| 2026-09-02 | $22.78 | $24.43 | $22.62 | $23.76 | 4,491,600 | 27,960,714 | 1.60% | $6.67B | — | — |
| 2026-09-01 | $20.40 | $22.74 | $19.65 | $22.42 | 6,075,200 | 27,960,714 | 2.16% | $6.30B | — | — |
| 2026-08-31 | $19.97 | $20.37 | $19.72 | $20.26 | 2,482,100 | 27,960,714 | 0.88% | $5.69B | — | — |
| 2026-08-28 | $19.77 | $20.25 | $19.60 | $20.10 | 1,329,300 | 27,960,714 | 0.47% | $5.64B | — | — |
| 2026-08-27 | $19.69 | $19.84 | $19.11 | $19.51 | 1,306,400 | 27,960,714 | 0.47% | $5.48B | — | — |
| 2026-08-26 | $18.86 | $19.56 | $18.85 | $19.49 | 1,244,600 | 27,960,714 | 0.44% | $5.47B | — | — |
| 2026-08-25 | $19.95 | $19.95 | $18.85 | $18.92 | 1,102,400 | 27,960,714 | 0.39% | $5.31B | — | — |
| 2026-08-24 | $20.45 | $20.68 | $19.63 | $19.94 | 910,600 | 27,960,714 | 0.32% | $5.60B | — | — |
| 2026-08-21 | $20.34 | $20.74 | $19.86 | $20.45 | 1,119,100 | 27,960,714 | 0.40% | $5.74B | — | — |
| 2026-08-20 | $20.07 | $20.84 | $19.79 | $20.18 | 1,424,500 | 27,960,714 | 0.51% | $5.67B | — | — |
| 2026-08-19 | $19.61 | $20.31 | $19.37 | $20.22 | 1,619,400 | 27,960,714 | 0.58% | $5.68B | — | — |
| 2026-08-18 | $19.55 | $20.27 | $19.19 | $19.36 | 1,501,600 | 27,960,714 | 0.53% | $5.44B | — | — |
| 2026-08-17 | $20.14 | $20.25 | $19.19 | $19.53 | 1,516,400 | 27,960,714 | 0.54% | $5.48B | — | — |
| 2026-08-14 | $20.07 | $20.42 | $19.75 | $20.15 | 1,069,200 | 27,449,580 | 0.38% | $5.66B | — | — |
| 2026-08-13 | $20.65 | $20.88 | $20.02 | $20.02 | 1,092,100 | — | 0.39% | $5.62B | — | — |
| 2026-08-12 | $19.60 | $20.72 | $19.40 | $20.70 | 1,311,600 | — | 0.47% | $5.81B | — | — |
| 2026-08-11 | $19.68 | $19.95 | $19.10 | $19.78 | 779,600 | — | 0.28% | $5.55B | — | — |
| 2026-08-10 | $19.72 | $19.93 | $19.33 | $19.50 | 1,076,500 | — | 0.38% | $5.48B | — | — |
| 2026-08-07 | $18.37 | $19.76 | $18.37 | $19.60 | 1,629,900 | — | 0.58% | $5.50B | — | — |
| 2026-08-06 | $18.56 | $18.95 | $18.32 | $18.42 | 499,800 | — | 0.18% | $5.17B | — | — |
| 2026-08-05 | $18.87 | $19.01 | $18.19 | $18.56 | 1,043,500 | — | 0.37% | $5.21B | — | — |
| 2026-08-04 | $19.00 | $19.25 | $18.75 | $18.99 | 1,045,000 | — | 0.37% | $5.33B | — | — |
| 2026-08-03 | $18.48 | $19.19 | $18.38 | $19.10 | 921,700 | — | 0.33% | $5.36B | — | — |
| 2026-07-31 | $18.15 | $18.24 | $17.66 | $18.05 | 613,400 | — | 0.22% | $5.07B | — | — |
| 2026-07-30 | $18.38 | $18.66 | $18.10 | $18.15 | 821,400 | — | 0.29% | $5.10B | — | — |
| 2026-07-29 | $18.12 | $18.67 | $17.71 | $18.40 | 1,636,000 | — | 0.58% | $5.17B | — | — |
| 2026-07-28 | $17.91 | $18.36 | $17.61 | $17.64 | 1,757,500 | — | 0.63% | $4.95B | — | — |
| 2026-07-27 | $17.00 | $17.76 | $16.97 | $17.67 | 1,915,700 | — | 0.68% | $4.96B | — | — |
| 2026-07-24 | $16.28 | $16.97 | $16.25 | $16.83 | 1,102,700 | — | 0.39% | $4.73B | — | — |
| 2026-07-23 | $16.51 | $16.60 | $15.96 | $16.33 | 749,900 | — | 0.27% | $4.59B | — | — |
| 2026-07-22 | $16.69 | $17.47 | $16.00 | $16.33 | 969,000 | — | 0.35% | $4.59B | — | — |
| 2026-07-21 | $16.85 | $17.51 | $16.68 | $16.70 | 1,125,500 | — | 0.40% | $4.69B | — | — |
| 2026-07-20 | $16.93 | $17.33 | $16.80 | $16.92 | 1,158,000 | — | 0.41% | $4.75B | — | — |
| 2026-07-17 | $15.71 | $17.15 | $15.67 | $16.93 | 2,402,000 | — | 0.86% | $4.75B | — | — |
| 2026-07-16 | $15.43 | $16.41 | $15.40 | $15.88 | 1,252,500 | — | 0.45% | $4.46B | — | — |
| 2026-07-15 | $15.18 | $15.84 | $15.03 | $15.42 | 939,400 | — | 0.33% | $4.33B | — | — |
| 2026-07-14 | $16.19 | $16.27 | $14.78 | $15.04 | 964,400 | — | 0.34% | $4.22B | — | — |
| 2026-07-13 | $15.49 | $16.28 | $15.17 | $16.10 | 1,411,700 | — | 0.50% | $4.52B | — | — |
| 2026-07-10 | $15.05 | $15.37 | $14.70 | $15.29 | 833,200 | — | 0.30% | $4.29B | — | — |
| 2026-07-09 | $15.04 | $15.40 | $14.79 | $15.05 | 480,000 | — | 0.17% | $4.23B | — | — |
| 2026-07-08 | $15.29 | $15.51 | $14.76 | $15.02 | 1,055,700 | — | 0.38% | $4.22B | — | — |
| 2026-07-07 | $15.21 | $15.48 | $15.01 | $15.37 | 524,500 | — | 0.19% | $4.32B | — | — |
| 2026-07-06 | $15.59 | $15.85 | $15.22 | $15.29 | 1,031,200 | — | 0.37% | $4.29B | — | — |
| 2026-07-02 | $15.34 | $15.76 | $15.18 | $15.59 | 447,200 | — | 0.16% | $4.38B | — | — |
| 2026-07-01 | $14.87 | $15.74 | $14.87 | $15.19 | 859,700 | — | 0.31% | $4.27B | — | — |
| 2026-06-30 | $14.90 | $15.55 | $14.26 | $14.95 | 847,100 | — | 0.30% | $4.20B | — | — |
| 2026-06-29 | $14.17 | $15.13 | $14.08 | $14.88 | 1,339,500 | — | 0.48% | $4.18B | — | — |
| 2026-06-26 | $14.22 | $14.67 | $13.73 | $14.24 | 6,306,900 | — | 2.25% | $4.00B | — | — |
| 2026-06-25 | $14.25 | $14.76 | $13.94 | $14.22 | 653,100 | — | 0.23% | $3.99B | — | — |
| 2026-06-24 | $13.97 | $14.98 | $13.95 | $14.13 | 1,111,700 | — | 0.40% | $3.97B | — | — |
| 2026-06-23 | $14.14 | $14.49 | $13.73 | $13.74 | 537,600 | — | 0.19% | $3.86B | — | — |
| 2026-06-22 | $14.61 | $14.96 | $14.12 | $14.22 | 631,500 | — | 0.22% | $3.99B | — | — |
| 2026-06-18 | $14.39 | $14.96 | $14.17 | $14.77 | 2,855,000 | — | 1.02% | $4.15B | — | — |
| 2026-06-17 | $15.02 | $15.37 | $14.11 | $14.17 | 561,400 | — | 0.20% | $3.98B | — | — |
| 2026-06-16 | $15.04 | $15.36 | $14.70 | $14.70 | 460,500 | — | 0.16% | $4.13B | — | — |
| 2026-06-15 | $15.17 | $15.52 | $14.87 | $15.00 | 1,020,000 | — | 0.36% | $4.21B | — | — |
| 2026-06-12 | $15.37 | $15.68 | $15.00 | $15.16 | 963,100 | — | 0.34% | $4.26B | — | — |
| 2026-06-11 | $14.43 | $15.54 | $14.24 | $15.47 | 1,413,700 | — | 0.50% | $4.34B | — | — |
| 2026-06-10 | $15.18 | $15.49 | $14.66 | $14.71 | 748,600 | — | 0.27% | $4.13B | — | — |
| 2026-06-09 | $14.89 | $15.69 | $14.74 | $15.12 | 798,900 | — | 0.28% | $4.25B | — | — |
| 2026-06-08 | $14.31 | $15.00 | $14.22 | $14.88 | 742,200 | — | 0.26% | $4.18B | — | — |
| 2026-06-05 | $14.23 | $14.64 | $14.01 | $14.23 | 457,600 | — | 0.16% | $4.00B | — | — |
| 2026-06-04 | $14.26 | $15.23 | $14.03 | $14.06 | 1,263,000 | — | 0.45% | $3.95B | — | — |
| 2026-06-03 | $12.72 | $14.70 | $12.62 | $14.26 | 2,965,600 | — | 1.06% | $4.00B | — | — |
| 2026-06-02 | $12.00 | $12.45 | $11.46 | $12.30 | 1,062,600 | — | 0.38% | $3.45B | — | — |
| 2026-06-01 | $12.04 | $12.55 | $11.83 | $12.00 | 1,086,600 | — | 0.39% | $3.37B | — | — |
| 2026-05-29 | $11.85 | $12.08 | $11.29 | $12.04 | 574,100 | — | 0.20% | $3.38B | — | — |
| 2026-05-28 | $10.80 | $11.70 | $10.72 | $11.51 | 569,900 | — | 0.20% | $3.23B | — | — |
| 2026-05-27 | $11.29 | $11.57 | $10.80 | $10.80 | 730,700 | — | 0.26% | $3.03B | — | — |
| 2026-05-26 | $11.90 | $11.90 | $11.17 | $11.18 | 516,200 | — | 0.18% | $3.14B | — | — |
| 2026-05-22 | $11.71 | $12.19 | $11.59 | $11.87 | 696,300 | — | 0.25% | $3.33B | — | — |
| 2026-05-21 | $11.63 | $11.94 | $11.34 | $11.72 | 617,900 | — | 0.22% | $3.29B | — | — |
| 2026-05-20 | $10.89 | $11.68 | $10.75 | $11.63 | 811,100 | — | 0.29% | $3.27B | — | — |
| 2026-05-19 | $10.86 | $11.35 | $10.69 | $10.89 | 634,800 | — | 0.23% | $3.06B | — | — |
| 2026-05-18 | $10.80 | $11.47 | $10.75 | $10.88 | 631,600 | — | 0.22% | $3.06B | — | — |
| 2026-05-15 | $11.00 | $11.24 | $10.65 | $10.80 | 578,000 | — | 0.21% | $3.03B | — | — |
| 2026-05-14 | $11.29 | $11.39 | $10.92 | $11.08 | 471,800 | — | 0.17% | $3.11B | — | — |
| 2026-05-13 | $11.67 | $12.02 | $11.02 | $11.18 | 1,116,400 | — | 0.40% | $3.14B | — | — |
| 2026-05-12 | $11.31 | $12.11 | $11.19 | $11.89 | 1,054,900 | — | 0.38% | $3.34B | — | — |
| 2026-05-11 | $11.60 | $11.88 | $11.10 | $11.16 | 579,500 | — | 0.21% | $3.13B | — | — |
| 2026-05-08 | $11.79 | $12.08 | $11.25 | $11.57 | 538,400 | — | 0.19% | $3.25B | — | — |
| 2026-05-07 | $11.73 | $12.15 | $11.68 | $11.73 | 394,400 | — | 0.14% | $3.29B | — | — |
| 2026-05-06 | $11.68 | $12.09 | $11.45 | $11.79 | 439,200 | — | 0.16% | $3.31B | — | — |
| 2026-05-05 | $11.91 | $12.17 | $11.52 | $11.68 | 452,500 | — | 0.16% | $3.28B | — | — |
| 2026-05-04 | $12.07 | $12.41 | $11.80 | $11.87 | 542,100 | — | 0.19% | $3.33B | — | — |
| 2026-05-01 | $12.35 | $12.74 | $12.07 | $12.11 | 580,800 | — | 0.21% | $3.40B | — | — |
| 2026-04-30 | $12.22 | $12.68 | $12.05 | $12.34 | 718,900 | — | 0.26% | $3.47B | — | — |
| 2026-04-29 | $12.93 | $13.04 | $12.01 | $12.02 | 659,700 | — | 0.23% | $3.38B | — | — |
| 2026-04-28 | $12.92 | $13.39 | $12.69 | $12.94 | 642,800 | — | 0.23% | $3.63B | — | — |
| 2026-04-27 | $13.24 | $13.46 | $12.77 | $12.92 | 531,900 | — | 0.19% | $3.63B | — | — |
| 2026-04-24 | $13.59 | $13.59 | $12.80 | $13.20 | 670,200 | — | 0.24% | $3.71B | — | — |
| 2026-04-23 | $13.20 | $13.69 | $12.89 | $13.63 | 907,700 | — | 0.32% | $3.83B | — | — |
| 2026-04-22 | $13.41 | $13.72 | $13.07 | $13.19 | 431,700 | — | 0.15% | $3.70B | — | — |
| 2026-04-21 | $13.80 | $13.82 | $13.09 | $13.20 | 850,200 | — | 0.30% | $3.71B | — | — |
| 2026-04-20 | $14.35 | $15.24 | $13.57 | $13.81 | 566,700 | — | 0.20% | $3.88B | — | — |
| 2026-04-17 | $14.14 | $15.06 | $14.01 | $14.44 | 816,600 | — | 0.29% | $4.05B | — | — |
| 2026-04-16 | $15.13 | $15.22 | $13.84 | $14.02 | 1,671,100 | — | 0.60% | $3.94B | — | — |
| 2026-04-15 | $15.05 | $15.80 | $15.05 | $15.22 | 1,065,900 | — | 0.38% | $4.27B | — | — |
| 2026-04-14 | $14.42 | $15.48 | $14.42 | $15.21 | 1,080,400 | — | 0.38% | $4.27B | — | — |
| 2026-04-13 | $13.90 | $14.43 | $13.75 | $14.39 | 1,407,400 | — | 0.50% | $4.04B | — | — |
| 2026-04-10 | $14.01 | $14.70 | $13.89 | $13.92 | 663,600 | — | 0.24% | $3.91B | — | — |
| 2026-04-09 | $13.42 | $14.09 | $13.17 | $13.80 | 1,265,900 | — | 0.45% | $3.88B | — | — |
| 2026-04-08 | $13.55 | $13.75 | $13.05 | $13.56 | 692,600 | — | 0.25% | $3.81B | — | — |
| 2026-04-07 | $13.15 | $13.54 | $12.80 | $13.20 | 1,123,000 | — | 0.40% | $3.71B | — | — |
| 2026-04-06 | $14.10 | $14.42 | $13.18 | $13.23 | 971,900 | — | 0.35% | $3.72B | — | — |
| 2026-04-02 | $14.27 | $14.97 | $13.52 | $14.01 | 725,600 | — | 0.26% | $3.93B | — | — |
| 2026-04-01 | $15.08 | $15.08 | $14.13 | $14.48 | 992,000 | — | 0.35% | $4.07B | — | — |
| 2026-03-31 | $14.73 | $15.40 | $14.53 | $14.92 | 1,550,100 | — | 0.55% | $4.19B | — | — |
| 2026-03-30 | $14.30 | $15.05 | $14.10 | $14.35 | 888,600 | — | 0.32% | $4.03B | — | — |
| 2026-03-27 | $15.22 | $15.55 | $14.37 | $14.47 | 725,600 | — | 0.26% | $4.06B | — | — |
| 2026-03-26 | $16.11 | $16.38 | $15.05 | $15.27 | 867,600 | — | 0.31% | $4.29B | — | — |
| 2026-03-25 | $16.40 | $16.94 | $16.01 | $16.01 | 667,300 | — | 0.24% | $4.50B | — | — |
| 2026-03-24 | $17.01 | $17.20 | $16.01 | $16.31 | 476,300 | — | 0.17% | $4.58B | — | — |
| 2026-03-23 | $16.89 | $17.70 | $16.55 | $17.10 | 522,700 | — | 0.19% | $4.80B | — | — |
| 2026-03-20 | $17.11 | $17.86 | $16.26 | $16.57 | 693,400 | — | 0.25% | $4.65B | — | — |
| 2026-03-19 | $16.75 | $17.24 | $16.46 | $17.11 | 399,200 | — | 0.14% | $4.80B | — | — |
| 2026-03-18 | $16.81 | $17.55 | $16.64 | $16.79 | 1,043,600 | — | 0.37% | $4.71B | — | — |
| 2026-03-17 | $16.02 | $16.89 | $15.97 | $16.83 | 1,035,600 | — | 0.37% | $4.73B | — | — |
| 2026-03-16 | $15.90 | $16.24 | $15.55 | $15.96 | 794,000 | — | 0.28% | $4.48B | — | — |
| 2026-03-13 | $16.57 | $17.16 | $15.18 | $15.76 | 2,126,400 | — | 0.76% | $4.43B | — | — |
| 2026-03-12 | $18.35 | $18.38 | $16.51 | $16.53 | 2,359,200 | — | 0.84% | $4.64B | — | — |
| 2026-03-11 | $18.26 | $18.39 | $17.85 | $18.05 | 1,518,800 | — | 0.54% | $5.07B | — | — |
| 2026-03-10 | $18.03 | $18.69 | $17.98 | $18.33 | 1,318,000 | — | 0.47% | $5.15B | — | — |
| 2026-03-09 | $18.50 | $19.05 | $17.94 | $18.00 | 1,945,300 | — | 0.69% | $5.05B | — | — |
| 2026-03-06 | $19.05 | $20.48 | $18.25 | $18.49 | 8,823,200 | — | 3.14% | $5.19B | — | — |
Close is split-adjusted to current shares. It is not dividend-adjusted: dividends are listed separately, so total return is (end price + dividends received − start price) ÷ start price, checkable by hand. Volume is as-traded.
Post Spin Analysis
Partial IPO completed March 6, 2026 at $20/share. Medtronic retains ~90%. Full separation targeted year-end 2026.
Compiled from tracked data as of the July 31, 2026 close.
The move
MiniMed separated from Medtronic (MDT) on March 6, 2026 as a ipo carve-out, listing on Nasdaq. It closed its first regular-way session at $19.05 and set a post-spin low of $10.80 on May 15, 2026, 70 days after the spin. It last traded at $18.05 (Jul 31, 2026), -5.2% against the Day-1 close and +67.1% off the low.
The low came 70 days out — well beyond the usual forced-selling window, which points at something structural rather than mechanical selling pressure.
What we graded it
Covered in a single report before separation. Current rating: SPECULATIVE.
⚠ Auto-generated profile — not editorially reviewed.
This summary is compiled automatically from our tracked report data. A reviewed in-depth profile is planned. For further detail ▸ read the Aug 31, 2026 report.