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Why Invacare Stock Is Plunging Today

Why Invacare Stock Is Plunging Today

Shares of Invacare (NYSE: IVC) were plunging 33.6% lower as of 11:17 a.m. EDT on Thursday. The steep decline came after the medical equipment manufacturer lowered its full-year 2021 guidance. Only a little over one month ago, Invacare reported positive second-quarter results.