St. Jude Medical (STJ) pacemaker worked properly - Bloomberg, citing Univ. of Mich. researchers

August 30, 2016 11:48 AM EDT

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St. Jude Medical (NYSE: STJ) pacemaker worked properly, according to Bloomberg, citing University of Michigan researchers.

The researchers said Muddy Waters' study was flawed.

The study was conducted independently, according to headlines.

St. Jude shares are popping to session highs amid the news.

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