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Shares of orthopedics stocks rose today after privately held Biomet said FQ4 sales rose 3.4%....
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Friday, June 15, 2012, 6:10 PM ETShares of orthopedics stocks rose today after privately held Biomet said FQ4 sales rose 3.4%. Industry sales have been weak as people delay hip and knee replacement surgeries in the weak economy. Biomet, which reports earlier than peers, is viewed as an indicator for the rest of the industry. The news boosted ZMH +4.2%, SYK +3.5%, WMGI +1.8%, JNJ +0.9%.
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