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Boston Scientific Stock Slammed After Cyberattack Hamstrings Sales
Boston Scientific (BSX) said Tuesday an August cybersecurity incident is likely to have a material impact on its third-quarter and full-year results. Shares dropped 5.9% to 44.98, widely undercutting their 50-day moving average. The company said the Aug. 25 incident will likely prevent it from reaching the net sales growth and adjusted earnings per share guidance issued with its second-quarter…
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