Boston Scientific Targets Partial Shipment Restoration This Week After Cyberattack
BSX sits 16% above its 52-week low of $42.2 on light trading volume (0.3× avg).
Summary
Boston Scientific says it hopes to resume some shipments this week after a cyberattack disrupted global operations. The company is working with CrowdStrike and other experts, and has seen no unauthorized activity since Aug. 25. The incident is limited to on-premise systems, with no impact on cloud-based systems. This update follows the initial disclosure on Aug. 26 and provides a clearer timeline for recovery, though full capacity remains uncertain.
At the time of this announcement, BSX was trading at $48.83 on NYSE in the Life Sciences sector, with a market capitalization of approximately $70.8B. The 52-week trading range was $42.20 to $109.50. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.