Orthofix Lowers Full-Year Outlook Due to Medicare Reimbursement Changes
Shares of Orthofix Medical (OFIX) dropped approximately 8% in premarket trading after the company cut its full-year outlook, citing changes in Medicare reimbursements affecting its non-invasive bone growth stimulators. The orthopedic device maker now expects lower financial performance for the year.

Tickers: $OFIX
Topics: Medicare reimbursement changes Orthofix Medical Stock price drop