Abiomed, Mallinckrodt, Zoetis Beat Q1 Estimates

By | May 5, 2015

Scalper1 News

Three very different but similarly high-rated medical stocks reported strong quarterly earnings Tuesday morning, driving up stocks all around. The smallest but hottest was device maker Abiomed (ABMD), which jumped 15% to a new high near 75 in early trading after soundly beating Wall Street’s expectations and raising its guidance. A bit later, Abiomed stock was up 11%, near 72.50. Abiomed’s earnings in fiscal Q4 ended March 31 totaled 28 cents a Scalper1 News

Scalper1 News