revenue forecast reduction

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GlobeNewswire Inc.GlobeNewswire Inc.··Portnoy Law Firm

Zimmer Biomet Stock Plunges 15% as Guidance Cut Triggers Securities Fraud Probe

Zimmer Biomet stock fell 15.2% after cutting organic revenue guidance to 4.0% from 4.5%, citing emerging market weakness and U.S. revision slowdown. Securities investigation launched.
ZBHsecurities fraudstock decline