Mako plunges 40% on sales forecast
7/10/12 10:19 AM ET (MarketWatch)
BOSTON (MarketWatch) -- Shares of MAKO Surgical Corp. plunged 40% to $14.80 on Tuesday, the day after the medical-device maker lowered its full-year financial forecast. Mako attributed the adjustment to slower-than-expected sales during the first half of 2012. Mako shares have fallen 63% over the past three months and 41% since the beginning of the year.