Integra LifeSciences Stock Plunges 25% After Q1 Loss Widens

(RTTNews) - Integra LifeSciences Holdings Corporation (IART) shares dropped 25.57 percent to $12.78 during Monday's trading following disappointing first-quarter results. The company posted a net loss of $25.3 million, significantly wider than the $3.3 million loss reported in the same period last year, despite a revenue increase to $382.7 million from $368.9 million.

The stock opened at $14.72 and has traded between $11.60 and $14.79 today on the Nasdaq. It previously closed at $16.85. Integra shares have ranged from $11.60 to $32.66 over the past 52 weeks, with current volume surging to 5 million compared to an average of 750,000.