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Stock impact report

Why Tandem Diabetes Care Stock Took It on the Chin Tuesday [Yahoo! Finance]

Tandem Diabetes Care, Inc. (TNDM) 
Last tandem diabetes care, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.tandemdiabetes.com
Company Research Source: Yahoo! Finance
An analyst issued the equivalent of a warning on Tandem Diabetes Care (NASDAQ: TNDM) stock on the second trading day of the week and, absent any other news for the company, some investors traded out of it. This left Tandem's shares with a more than 3% loss in price on the day, which compared unfavorably to the sub-1% decline of the bellwether S&P 500 index. Citi advises keeping watch on the stock The prognosticator behind that piece of bad news was Citigroup 's Joanne Wuensch, who issued one of her bank's 90-day catalyst watches on Tandem stock before the market open. Wuensch wrote in her latest research note on the specialized medical device maker that a survey on its specialty, diabetes, indicated flat-line growth in the number of U.S. new patient starts in its just-completed third quarter. She added that management's guidance for the quarter implied new patient share growth of roughly 350 basis points, however. "In the least, this may be harder to achieve, making a meaningfu Show less Read more
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