Advertisement
News
Advertisement

Abiomed stocks plunge on news of federal investigation

Thu, 11/01/2012 - 12:00am
Mass High Tech: The Journal of New England Technology

Stock in Danvers-based Abiomed Inc. (Nasdaq: ABMD) plummeted 30 percent to $13.83 as of noon Thursday after the company disclosed that it’s been subpoenaed by the U.S. Attorney’s Office related to an investigation into its labeling and marketing of its Impella 2.5 heart pump.

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading