November 01, 2012 at 13:24 PM EDT
Abiomed Under Investigation
Abiomed Inc. (Nasdaq: ABMD) reported higher second quarter revenue and earnings of 13 cents per share compared with 2 cents per share in the year ago period but the company was under investigation for the marketing and labeling of its Impella 2.5 system. The stock price plummeted $6.05 to $13.77.
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