St. Jude (STJ) Shares Sink as FDA Receives Report Linking Durata to Cable Defect

June 12, 2012 12:27 PM EDT
Shares of St. Jude (NYSE: STJ) are plunging midday as Bloomberg is reporting the FDA has received a report linking the company's Durata wire to a cable defect. The report pointed to a single case of an external wire.

The stock is now down 2.6 percent to $37.54.

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