MiniMed MMED
-5.2%vs Day 1Spinoff of Medtronic (MDT) · IPO Carve-Out · Spun Mar 6, 2026
Current Stats
Post-Spinoff Performance
| Spinoff date | March 6, 2026 · Nasdaq |
| Days since spinoff | 157 days |
| Day 1 price (open) | $19.05 |
| Post-spin low | $10.80 on May 15, 2026 · 70 days post-spin |
| Current price (Jul 31, 2026) | $18.05 |
| Return vs Day 1 | -5.2% |
| Return vs post-spin low | +67.1% |
| Parent since spinoff | -8.6% |
Price History
yfinance (auto-adjusted close + volume). As of Aug 10, 2026.
Post Spin Analysis
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.
Against the parent
Medtronic has returned -8.6% over the same window. The SpinCo is ahead of its former parent by roughly 3 percentage points since separation.
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 May 31, 2026 report.