Medical products company Abaxis (ABAX) finishes the day in the red, dropping -14.5% after...

|By:, SA News Editor

Medical products company Abaxis (ABAX) finishes the day in the red, dropping -14.5% after reporting FQ1 earnings that missed expectations. International bookings took a hit due to timing issues with orders through its distributors. CEO Clint Severson summed up the quarter as "a period of investment for future growth."