Why Conformis Plummeted by Almost 11% on Wednesday

Why Conformis Plummeted by Almost 11% on Wednesday

Wednesday was a hump day to forget for specialty medical device maker Conformis (NASDAQ: CFMS). Conformis, which specializes in products used in hip replacement procedures, revealed in a business update that it expects less product revenue than previously anticipated for its current third quarter. Conformis has witnessed this dynamic firsthand.