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Why Abiomed Stock Is Being Mauled Today

TheMotleyFool

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Why Abiomed Stock Is Being Mauled TodayPhoto, wide shot, wide-angle lens, Pharmaceutical company, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ae4a134-dd01-4c80-a621-18399f5a2541.png

Investors in Abiomed (NASDAQ: ABMD), a medical device company focused on temporary heart pumps, are having a tough day. Shares were down about 26% at 12:36 p.m. EDT on Thursday after the company reported mixed quarterly results and lowered full-year guidance.

Here are the key takeaways from the first quarter of fiscal 2020:

Image source: Getty Images.

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