Molecular Devices' Shares Tank 17 Percent After Firm Slashes Q3 Revenue Outlook

Sep 27, 2006

NEW YORK (GenomeWeb News) – Shares in Molecular Devices were down more than 17 percent, or $3.75, at $18.09 in mid-afternoon trading after the company today slashed its revenue outlook for the third quarter by between 8 percent and 12 percent.

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