Why Insulet (PODD) Shares Are Sliding Today

Insulet Corporation (PODD) shares dropped significantly after the company reported strong second-quarter results but issued a weaker-than-expected revenue forecast for the third quarter. While Q2 revenue and EPS beat estimates, the lower guidance for the upcoming quarter led to a sell-off. The stock has seen considerable volatility and is down 52.7% year-to-date.