Why iRhythm Technologies Stock Is Tanking Today

Why iRhythm Technologies Stock Is Tanking Today

What happened Shares of iRhythm Technologies (NASDAQ: IRTC) were tanking on Wednesday, down 18.5% as of 11:30 a.m. EST. The steep decline came after the Centers for Medicare and Medicaid Services (CMS) announced its 2021 Medicare Physician Fee Schedule (MPFS) Final Rule.