OSI Systems (OSIS) Now Down ~$350M on $60M Rapiscan Order Flub
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OSI Systems (OSIS) Sell-Off Overdone; Risk of Debarment is Low - Benchmark
December 10, 2013 11:01 AM ESTOSI Systems (NASDAQ: OSIS) stock sank on Monday on after the company reported its security division, Rapiscan Systems, provided an update on the delivery order recently terminated by the U.S. Transportation Security Administration (TSA). The Company believes the termination resulted from Rapiscan's use of an upgraded component in the AT-2 detection systems. While the component change was vetted by Rapiscan's... More
Lawyers Already Up in Arms Over OSI Systems (OSIS) Selloff
December 9, 2013 3:38 PM ESTBronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of OSI Systems, Inc. (Nasdaq: OSIS). Such investors are advised to contact Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman at [edited for content].
The... More
OSI Systems (OSIS) Plummets Following TSA Order Cancellation Update
December 9, 2013 11:39 AM ESTOSI Systems, Inc. (Nasdaq: OSIS) is down over 29 percent on volume Monday.
Earlier, OSI announced that its security division, Rapiscan Systems, provided an update on the delivery order recently terminated by the U.S. Transportation Security Administration (TSA). The Company believes the termination resulted from Rapiscans use of an upgraded component in the AT-2 detection systems. While the component change was vetted by Rapiscans... More
