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Halyard Health investors unmoved by preview of 60 Minutes segment, a rehash

August 6, 2017

preview on 60 Minutes’ website of a report that Halyard Health (HYH+2.9%) knowingly provided faulty surgical gowns to U.S. hospitals at the height of the Ebola crisis has failed to dampen investors’ interest in shares. There was a brief downware tick but the stock quickly recovered.

The company’s Surgical and Infection Prevention business, which includes surgical gowns, accounted for almost 62% of its Q2 sales.

Update: The story appears to be a repeat, promptly pointed out by SA Contributor Willow Street Investments who wrote about the allegations over a year ago.

http://bit.ly/2vFiE8Q

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