Very disappointed in the way this stock acted today given the good earnings news. I guess we are going to have to wait out this government investigation to see if this stock is really going to move to the upside!
The reason the stock is down so much is not because of earnings which were excellent. The New York Times is going to release an expose that the company has been doing some things that are not above board. The DOJ has asked for their records on some cardiac procedures. When the DOJ investigates it casts a cloud over the good earnings.