Markets React to Muddy Waters Short of St. Jude

The video discusses a report on Saint Jude Medical's exposure to hacking vulnerabilities. Saint Jude responded by emphasizing their commitment to data security and vigilance against unauthorized access. The report also covers the market impact, noting a decline in Saint Jude's shares and the status of Abbott Labs' acquisition of Saint Jude.

What is the main concern highlighted in the report about Saint Jude Medical?

• Management changes

• Product recalls

• Hacking vulnerabilities

• Financial instability

How did Saint Jude Medical respond to the security concerns?

• By emphasizing their commitment to security

• By ignoring the issue

• By downplaying the risks

• By blaming external factors

What percentage did Saint Jude's shares drop by during the report?

• 1%

• 2%

• 3.5%

• 5%

Which company announced its acquisition of Saint Jude Medical?

• Abbott Labs

• Medtronic

• Johnson & Johnson

• Pfizer

What was the status of Abbott Labs' shares after the announcement?

• They were highly volatile

• They decreased by 2%

• They remained unchanged

• They increased by 5%