Australia's Cochlear rebounds from day's losses, addresses U.S. tariffs

Cochlear

08/04/2025 05:11

** Shares of Cochlear COH.AX up 0.4%, recovering from a 2.6% fall earlier in the day

** Hearing aid maker says its implants will remain exempt from U.S. import duties.

** Shares of co lost ~4% in the past couple of sessions amid recessionary fears, down 12.3% YTD

** However, gains of co seen on the day lower than the domestic healthcare stocks' sub-index .AXHJ 2.6% climb

** Shares of co trading at P/E of 44.90

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))