Stock Market Trends: Arthrocare Blows Up - The Correct Call

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Stock Market Trends: Arthrocare Blows Up
Jul 21, 2008 06:14 PM UTC

The Correct Call

Return	Risk
-0.08%	MID

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
ARTC		07/21/08	+100.00%	--

Via The Correct Call:

Shares of Arthrocare (ARTC) are getting demolished to the tune of 39% after it said it would have to restate results due to faulty sales calculations. The company said it could lower reported revenues by up to $37 million. Operating income will also be reduced, but the company didnâ€™t give any figures. This is just [...]

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