{
 "ticker": "FMS",
 "name": "Fresenius Medical Care",
 "url": "https://grantbishop.pages.dev/index/FMS",
 "sells": "Fresenius Medical Care runs dialysis clinics and sells kidney-dialysis equipment and supplies.",
 "why": "We follow it because the spread of weight-loss drugs may change demand for the care and services it provides.",
 "questions": [
  {
   "slug": "care",
   "question": "Whose care and services may the drugs change?",
   "url": "https://grantbishop.pages.dev/index/q/care"
  }
 ],
 "tests": [
  {
   "id": "W-7",
   "claim": "Businesses keep adopting AI, but the economy-wide productivity lift does not arrive before 2028.",
   "url": "https://grantbishop.pages.dev/claims/ai-productivity-not-before-2028"
  }
 ],
 "reports_next": null,
 "latest_disclosed": {
  "form": "20-F",
  "filed": "2026-02-24",
  "period": "2025-12-31",
  "url": "https://www.sec.gov/Archives/edgar/data/1333141/000110465926019005/fms-20251231x20f.htm"
 },
 "disclosed": [],
 "check": "Checked against the company's own business description in its latest annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 20-F filed 2026-02-24 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": null,
  "timeline": [],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 23.4,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": {
   "low": 23.1,
   "high": 23.52,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "range_52_week": {
   "low": 20.02,
   "low_date": "2026-05-05",
   "high": 26.42,
   "high_date": "2026-08-03",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": null,
  "forward_multiple": null,
  "checked_at": "2026-11-10 03:00:40"
 },
 "exhibits": null,
 "mentions": [],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}