CardioNet (BEAT) -40% premarket after slashing its full-year profit and revenue outlook. The...

|By:, SA News Editor

CardioNet (BEAT) -40% premarket after slashing its full-year profit and revenue outlook. The maker of outpatient heart-monitoring devices cited lower commercial reimbursement rates and lower-than-expected volume growth. (PR) Savvy traders hit the gates last week.