Teleflex (TFX) stock dives on CEO exit and revenue forecast cut — what investors watch next
Teleflex shares fell 11.7% to $111.76 Thursday after the company announced CEO Liam Kelly’s exit and cut its 2025 revenue forecast. Stuart Randle was named interim chief executive, with a $140,000 monthly stipend and $1.5 million in stock. Teleflex cited weak demand for balloon pumps and OEM order delays. The company expects to report full results in late February or early March.