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OSI Systems Inc. (OSIS) Plunged To A New Low After Carson Block Comment

OSI Systems Inc. (OSIS) dropped sharply around 10AM Wednesday and steadily declined until mid-afternoon. The sell-off was sparked by comments from Muddy Waters' Carson Block, who stated that OSI is "rotten to the core" while explaining his short position.

OSI Systems ended the session with a loss of 24.55 at $59.52 on the highest volume of the year. The stock plummeted to a new low for the year.

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