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Masimo, the company that sued Apple for patent infringement, is coming up with its smartwatch with a blood oxygen monitoring feature. The same function was removed from the Apple Watches – the Series 9 and Ultra 2 models – after Masimo's legal action.
You're not going to buy this $999 smartwatch, but it could put pressure on companies to stop treating blood oxygen data as an afterthought.
Shares of health monitoring technology maker Masimo Corporation (NASDAQ: MASI) dropped 24% to $114.30 last week due to a second-quarter performance warning. They are at their lowest level since January 2019 — but according to Wall Street, could have healthy gains ahead.
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