$GMED is one of biggest losers #stocks today. read more:

Globus Medical, Inc. Class A Co (symbol: GMED) was one of the worst losers
of the trading day today (2016-07-27), losing -15.74%. The number of shares
that changed hands was 7,993,105, or about 10 times the average daily
volume in the stock.
The closing price was $22.27, amounting to a market cap of $2,130,000,000,
about -23.18% off the highest price in the last 12 months. The stock has
been trading at a range between $20.48 and $28.99.
GMED is in the Medical/Dental Instruments industry, part of the Health Care
sector. It first went public in 2012.
Looking at its valuation, the stock is now trading at 18.56 times earnings.