St. Jude Medical (STJ) has been under scrutiny today after Muddy Waters revealed a short position in the stock on Thursday.
The provider of point-of-care testing has filed a suit in Delaware Chancery Court against Abbott in an effort to complete their pending deal. Meanwhile, St. Jude, gets a griping short-seller.
St. Jude (STJ) issued a statement this afternoon responding to Muddy Waters's claims that it is an easy target for hackers.
Shares of St. Jude Medical (STJ) are continuing to slump on Friday morning after Muddy Waters said it was short the stock yesterday.