Boston Scientific Drops 16%. Next Up: Monday’s Watchman Reaction
Boston Scientific is starting the week trading close to its recent lows after shares dropped 16.4% last week. The selloff came as investors question if the slowdown in demand for its Watchman heart implant is temporary or a sign of a longer-term slowdown. The stock ended at $48.31 on May 29, down from $57.78 at the May 22 close, according to historical price data.