Shares reach new low as Cardiac Science issues field correction
This article was originally published in Clinica
Executive Summary
Cardiac Science’s share price took a battering this month, and reached an all-time low on Tuesday (November 24) after investors were hit not only with news of the company’s weak third-quarter results, but also that it has discovered defects in some its automated external defibrillators (AEDs). Shares fell to $2.10 each on November 24, their lowest valuation in the four years that the company has been listed on the Nasdaq.
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