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Why Is Abiomed Down 25%? Traders Say Future Growth To Blame
Thursday, October 29, 2015 - 2:33pm | 448Shares of ABIOMED, Inc. (NASDAQ: ABMD) plunged lower by more than 25 percent on Thursday. The company reported its second-quarter results and raised its fiscal 2016 guidance Thursday morning. Traders attributed the selloff to the company's growth profile losing momentum. Shares of Abiomed, a...