Edwards Lifesciences Stock Plummeted Today. Here's Why

Edwards Lifesciences (EW) shares swooned Thursday, dropping after the company damped expectations for heart valve replacement sales growth on Wednesday. Shares of Edwards plunged 31% to finish at $59.76 Thursday, leaving them down about 22% this year. The stock was the day's worst performer in the S&P 500. tips@investopedia.com Edwards Lifesciences cut sales-growth estimates for its biggest source of revenue, a heart valve replacement treatment. The heart disease and critical care monitoring company also mi ...