BUZZ-Boston Scientific falls after flagging lower usage of heart disease device

Boston Scientific Corporation

Boston Scientific Corporation

BSX

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** Shares of medical device maker Boston Scientific BSX.N fall 10.3% to $51.68

** CEO Michael Mahoney at a conference says the company has been seeing a decline in usage of its heart disease device, Watchman, for standalone procedures

** " ... we basically want to set an expectation of flat dollar growth from first quarter to second quarter and likely in the third quarter," says Mahoney

** Adds co is comfortable with its second-quarter and full-year forecasts even with the slowdown

** In April, the company slashed its annual profit and revenue ‌growth forecasts

** Stock down ~45% YTD including session's move


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