Medtronic management will discuss its new operating model at its virtual Investor Day on October 14. The medical device maker employs more than 90,000 people worldwide, serving physicians, hospitals and patients in more than 150 countries. Medtronic shares have suffered greater losses earlier this year as many hospitals that use its medical devices had deferred elective procedures due to the coronavirus pandemic. The stock, which advanced 10% over the past month, is still down 5% on a year-to-date basis ( See Medtronic stock analysis on TipRanks ).