Medtronic Completes MiniMed Group Spin-off with Nasdaq Listing

Key Facts

Medtronic announced the completion of its separation of MiniMed Group, Inc. as an independent company listed on Nasdaq. According to a company statement via PR Newswire, the separation is intended to allow both companies to focus on their respective strategic priorities and market opportunities.

MDT closed at $94.23 on October 14, 2026, while the newly independent MMED closed at $16.81 on the same date. During that session, MDT reached a high of $94.72, while MMED saw a daily high of $18.4 before the close.