Medicines Co. (MDCO) Misses Q2 EPS by 23c

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Go back to Medicines Co. (MDCO) Misses Q2 EPS by 23c

Buy The Medicines Company (MDCO) on Weakness, Guggenheim Says

July 29, 2015 11:25 AM EDT

Guggenheim analyst Louise Chen is out defending The Medicines Company (NASDAQ: MDCO) amid today's weakness following the company's 2Q15 miss. Shares are down 5% to $31.84 currently.

Chen commented, "This was not surprising to us, since customers have held back on ordering Angiomax this year in anticipation of the launch of cheaper, generic versions of... More