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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Boston Scientific Corporation | NYSE:BSX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.485 | 0.67% | 73.035 | 73.07 | 72.62 | 72.70 | 777,709 | 15:27:23 |
From May 2019 to May 2024
By Stephen Nakrosis
Shares of Boston Scientific Corp. are trading lower on the New York Stock Exchange Thursday, a day after the company said it launched offerings of its common stock and its Series A Mandatory Convertible preferred stock.
At 11:17 a.m. EDT, shares of the medical devices company has fallen 6.13% to trade at $34.90.
After the bell Wednesday, Boston Scientific said it commenced concurrent offerings of $750 million of shares of its common stock and $750 million of shares of its Series A Mandatory Convertible Preferred Stock.
Earlier Thursday, Fitch Ratings said Boston Scientific's ratings were unaffected by the equity issuance, and added that the issuances "will provide additional liquidity as the company experiences near-term operational pressures from the coronavirus pandemic."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 21, 2020 11:40 ET (15:40 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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