# Medline Shares Drop as MedTech Weakens

> Medline stock falls 4.23% in last month amid AI stock pressure and tariff concerns
- Title: Medline Shares Drop as MedTech Weakens · Yahoo Finance
- Summary: Medline stock falls 4.23% in last month amid AI stock pressure and tariff concerns Medline shares dropped 4.23% last month as medical tech stocks weakened
- Keywords: medline, mdln, medtech, stock, tariffs, securities, nse, hedge funds, investor letters, business, finance, Shares
- Source: Yahoo Finance — https://finance.yahoo.com/healthcare/articles/medline-mdln-slips-amid-broader-142122686.html
- Published: 2026-09-16T14:21:22+00:00
- Read time: 1 min
- Topics: medline, mdln, medtech, stock, tariffs, ai, securities, nse, hedge funds, investor letters, business, finance
## Medline stock drops
Medline shares fell 4.23% in the past month and 22.68% year-to-date.

> Medline Inc. shares declined as medical technology stocks broadly came under pressure.
## Parnassus Fund beats benchmarks
Parnassus Growth Equity Fund returned 17.49% in Q2 2026, outperforming the Russell 1000 Growth Index's 16.74%.
## AI stock pressure grows
The fund highlighted AI infrastructure build-out as a key driver for growth stocks in Q2 2026.
## Tariff concerns for Medline
Medline faces near-term tariff and transportation cost challenges despite long-term competitive strength.

> The company also faced near term concerns surrounding tariffs and higher transportation costs, though we remain confident in its long-term competitive positioning.
## Hedge fund holdings shift
Hedge funds reduced Medline holdings from 65 to 52 portfolios in Q2 2026.
## Key takeaway

Medline shares dropped 4.23% last month as medical tech stocks weakened