Published On: Wed, Feb 14th, 2018

Henry Schein Inc. (HSIC) Dropped On FTC Accusations

The FTC has accused Inc. (HSIC) of participating in a conspiracy to refuse to provide discounts to, or compete for, the business of buying groups. The company announced Tuesday morning that it believes that the FTC allegations are meritless and intends to defend itself vigorously.

Henry Schein gapped open sharply lower Tuesday, but recovered some ground in the early afternoon. The stock still finished down by 4.79 at $67.39 on the highest volume of the year. Henry Schein closed at a 2-month low.

by RTT Staff Writer

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