--- title: "Globus Medical tanks 8% despite beating estimates for top and bottom lines" type: "News" locale: "en" url: "https://longbridge.com/en/news/285749353.md" description: "Globus Medical (GMED) saw its stock drop over 8% to $78.04 despite reporting better-than-expected first-quarter results. The company had initially gained 7% in aftermarket trading on Thursday but lost momentum on Friday, erasing those gains." datetime: "2026-05-08T15:33:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285749353.md) - [en](https://longbridge.com/en/news/285749353.md) - [zh-HK](https://longbridge.com/zh-HK/news/285749353.md) --- # Globus Medical tanks 8% despite beating estimates for top and bottom lines Globus Medical (GMED) erased its post-market gains on Friday as the stock plunged over 8% despite reporting better-than-expected first-quarter results. Shares of the firm were down 8.26% to $78.04 during early trading hours. GMED had jumped as much as 7% during aftermarket trading on Thursday. The Pennsylvania-based firm reported adjusted per shar... ### Related Stocks - [GMED.US](https://longbridge.com/en/quote/GMED.US.md) ## Related News & Research - [VIRGINIA RETIREMENT SYSTEMS ET Al Sells 17,300 Shares of Globus Medical, Inc. $GMED](https://longbridge.com/en/news/286670432.md) - [Globus Medical, Inc. (NYSE:GMED) Receives Consensus Recommendation of "Moderate Buy" from Analysts](https://longbridge.com/en/news/279001092.md) - [Stifel Nicolaus Reaffirms Their Hold Rating on Globus Medical (GMED)](https://longbridge.com/en/news/285872659.md) - [Trump faces record-low approval on inflation as retirees struggle](https://longbridge.com/en/news/286834439.md) - [Trump says he will ask DOJ to investigate mail-in ballots in Maryland](https://longbridge.com/en/news/286811813.md)