Boston Scientific Hammered After Cyberattack Tampers With Shipments

1 month ago 11

Rommie Analytics

Boston ScientificBSX stock crumbled Wednesday after the company said a cybersecurity incident interrupted its ability to process and ship customer orders. The medical devices company said the incident disrupted certain IT systems worldwide. It's working with third-party security experts to contain the threat and restore systems, but didn't offer a timeline for a return to regular operations. In premarket action, shares tumbled more than 5% to 47.08. After years 13 years of climbing, Boston Scientific stock began a precipitous decline last December. Shares have lost about 48% this year, as of Tuesday's close.
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