Abbott (ABT) Lower as Merger Partner St. Jude (STJ) Hit with Short Report

August 25, 2016 10:58 AM EDT

Find out which companies are about to raise their dividend well before the news hits the Street with's Dividend Insider Elite. Sign-up for a FREE trial here.

Abbott (NYSE: ABT), which is in a deal to acquire St. Jude Medical, Inc (NYSE: STJ), is weaker as Muddy Waters went short the stock.

ABT is down 0.7%, while STJ is down 2.6%.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Short Sales, Trader Talk

Related Entities

Muddy Waters LLC, Definitive Agreement

Add Your Comment