ConvaTec falls on US Medicaid wound-care news, analysts see as 'not material'

ConvaTec Shares Fall After US Medicaid News

ConvaTec Group PLC (LSE:CTEC) shares experienced the largest decline on the FTSE 100 on Monday.

This decline followed news from the US Centers for Medicare & Medicaid Services (CMS) regarding wound-care.

Analysts view the news as 'not material'

The information was compiled from publicly available sources and is intended for informational purposes only.

Author's summary: ConvaTec shares decline due to US Medicaid news.

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