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St. Jude says report by short sellers 'false and misleading'

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St. Jude Medical (STJ) Shares Move Higher on Resumption

August 26, 2016 3:46 PM EDT

St. Jude Medical (NYSE: STJ) shares resume trading. The stock is moving up after being negative most of Friday's session.

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Abbott (ABT) on Watch as St. Jude (STJ) Rebukes Allegations from Short Seller

August 26, 2016 3:45 PM EDT

Abbott (NYSE: ABT) shares are ticking slightly higher late Friday as St. Jude Medical (NYSE: STJ) said it refutes claims made by short-seller Muddy Waters. The stock is up modestly.

Abbott and St. Jude entered at $31 billion merger agreement earlier this year.

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