Shares of mobile cardiac monitoring company BioTelemetry, Inc. (NASDAQ: BEAT) are falling 14% at 1:30 p.m. EDT today following first-quarter financial results that failed to impress.
BioTelemetry’s first-quarter results were far from disastrous, but with its price flirting with all-time highs, the stock was priced to perfection.
IMAGE SOURCE: GETTY IMAGES.
Shares of mobile cardiac monitoring company BioTelemetry, Inc. (NASDAQ: BEAT) are falling 14% at 1:30 p.m. EDT today following first-quarter financial results that failed to impress.
BioTelemetry’s first-quarter results were far from disastrous, but with its price flirting with all-time highs, the stock was priced to perfection.
IMAGE SOURCE: GETTY IMAGES.