Globus Medical Inc.’s (GMED) MACD indicator has moved into bearish territory with a reading of –0.8587. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.19% to $10.70 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past two months to 78 cents per share.

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