BUZZ-Australia's Monash IVF slumps after second embryo incident in two months

Reuters

06-13

BUZZ-Australia's Monash IVF slumps after second embryo incident in two months

** Shares of Monash IVF Group MVF.AX rise 1.9% to A$0.6725 on the day

** Stock, however, set to log a weekly loss of 11.4%, its weakest week since April 7

** Fertility business on Tuesday reported an incident of incorrect embryo transfer, after a similar case occurred in February

** Shares recovered on Thursday after the company announced the departure of CEO and MD Michael Knapp

** Monash down 46.9% YTD, including the day's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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