Thermo Fisher Scientific Shares Diving On Lower Revenue Outlook (TMO)

Shares of Thermo Fisher Scientific Inc. TMO are getting hit hard today after the company cut its revenue forecast and was very cautious on its revenue growth. Thermo Fisher cut its full-year revenue expectations by about $50 million due to foreign currency exchange rates issues. Shares of Thermo Fisher are down $4.54, or 9% to $46.42.