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News 2026-07-28 14:09 UTC

Philips Stock Sinks To 52-Week Low - Here's Why

Koninklijke Philips N.V. (NYSE: PHG ) stock declined in Tuesday’s session after the company beat second-quarter earnings estimates but reported weaker order intake, continued challenges in China and underlying margin pressure obscured by a U.S. tariff refund. The healthcare technology company reported adjusted earnings