Why Boston Scientific's Stock Is Trading Lower Today

Boston Scientific BSX shares are trading lower after Needham downgraded the stock from Buy to Hold.

Boston Scientific is currently down 2.7% to a price of $41.73. Wednesday the stock has been traded at a volume of 7.54 million, about 93.74% of its recent 30-day volume average of 8.05 million.

The moving average price of the stock over the past 50 days was $40.81 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $44.63 and as low as $32.99.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.