Medtech's Big Market Movers (William Demant)Medtech's Big Market Movers (William Demant)

William Demant makes products to aid in people's hearing and communication. They include hearing devices, hearing implants, and diagnostic instruments.

Last year, the Swedish company's share price dropped 11%, to 468.20 Danish Krone ($68.52) from 527 Danish Krone ($97.2) at the end of 2013. As a result, $1.6 billion was wiped out from its market cap.