as mentioned in fiercebiotech
St. Jude Medical accused of having 'stunning' cyber security risk in cardiac devices
St. Jude Medical accused of having 'stunning' cyber security risk in cardiac devicesMuddy Waters Research had a few words regarding St. Jude Medical ($STJ) in a recent report.The short seller made predictions regarding the devicemaker's revenue and recalls.Muddy Waters said it predicts St. Jude Medical will lose close to half of its revenue for about two years.
coupled with cnbc
St. Jude Medical drops after Muddy Water findings of 'negligent product design'
St. Jude Medical drops after Muddy Water findings of 'negligent product design'Shares of St. Jude Medical briefly fell more than 8 percent Thursday after Muddy Waters Capital announced the firm is short the stock because it believes St. Jude's cardiac devices are vulnerable to cyberattacks.The stock later recovered its losses, ending the day down nearly 5 percent.In a report published Thursday, the short selling firm suggested the recall and remediation of St. Jude Medical's cardiac devices.
let alone businessinsider
Carson Block's Muddy Waters shorts St. Jude Medical
Carson Block's Muddy Waters shorts St. Jude MedicalMuddy Waters, the firm founded by noted short-seller Carson Block, is short St. Jude Medical Inc.The stock is down almost 7% on the news.The firm says it's shorting St. Jude because its pacemakers are faulty and susceptible to cyberattacks.
besides forbes
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