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Company News For Oct 10, 2017

Zacks Equity Research
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  • Shares of Mazor Robotics Ltd. MZOR gained 6.8% after the company announced a strong revenue forecast for third quarter 2017 and also stated that it had received 22 systems purchase orders in the quarter
  • Compugen Ltd. (USA)’s CGEN shares gained 7.8% after the company stated that new data showed that its CGEN-15032 could potentially be used for development  of first-in-class cancer therapy technique
  • K2M Group Holdings, Inc.’s KTWO shares tanked 18.4% after the company lowered its third quarter revenue guidance to $255 million to $257 million, from  $263 million to $270 million initially
  • Shares of Axalta Coating Systems Ltd. AXTA declined 2.8% after the company lowered its third quarter 2017 adjusted EBITDA guidance to $870 million-$900 million, from  $940 million to $970 million initially

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