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NuVasive Inc. (NUVA) Fell To A New Low For The Year

NuVasive Inc. (NUVA) announced after the bell Tuesday that it has filed a lawsuit against former vice chairman Patrick S. Miles. The company alleges that Miles violated his non-competition and non-solicitation obligations to NuVasive.

NuVasive declined during the first half hour of trade Wednesday and fell further during the early afternoon. The stock finished with a loss of 3.15 at $50.58 on above average volume. NuVasive dropped below a 3-week trading range and set a new low for the year.

by RTT Staff Writer

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