Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. The company was founded in 1981 and is headquartered in Sydney, Australia.
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Cochlear Limited (COH) shares recently tumbled by 41%, significantly impacting its market value. This substantial drop wiped out $4.5 million in value, following previous reports of share plunges.