Fri, Aug 22, 2014, 10:26 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

St. Jude Medical Inc. Message Board

  • hm_wynnwoodadv hm_wynnwoodadv Apr 2, 2013 5:05 PM Flag

    Durata article in HeartRhythm

    Is this new or old news??? I keep reading negative news stories and negative analyst reports, but the stock hangs in there quite nicely. Are these durata issues already priced in the stock? I would think the stock should be a lot lower, but the stock is still up 13% YTD. I am short hoping for the stock to drop.

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Durata Leads (June 25, 2013)

      Less than two weeks ago, an anonymous physician report to the FDA indicating that the product failed in a single patient sent the company's stock into a tailspin. Like a CSI investigator, the company tracked down the lead in question and determined it was damaged due to external abrasion--by scraping against something within the body. To St. Jude's likely relief, that's very different than the "inside-out abrasion" that damaged Riata leads and drove the company to pull the leads from the market in 2010, and the FDA to issue a Class I recall last December.

    • This ia an old story with new new incidents to cause any worry.

 
STJ
64.550.00(0.00%)Aug 22 4:03 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Keurig Green Mountain, Inc.
NasdaqGSFri, Aug 22, 2014 4:00 PM EDT
Salesforce.com, Inc
NYSEFri, Aug 22, 2014 4:00 PM EDT