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Boston Scientific Falls on Watchman Headwinds (BSX:NYSE)
Summary by Seeking Alpha
2 Articles
2 Articles
Boston Scientific Hits Two-Year Low After Watchman Device Warning
Boston Scientific shares fell about 10% Wednesday after CEO Mike Mahoney warned of weaker demand for its Watchman heart implant. The stock hit $50.60, its lowest in over two years. Mahoney said Watchman sales likely won’t grow from the first to third quarter, citing a shift to combined procedures. The company maintained its full-year organic revenue growth forecast of 6.5% to 8%. The post Boston Scientific Hits Two-Year Low After Watchman Device…
Coverage Details
Total News Sources2
Leaning Left0Leaning Right1Center0Last Updated100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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