Dentsply’s stock closes at five-year low

Shares of Dentsply Sirona Inc. have tumbled 18.7% to close at a 5½-year low, after the dental-products maker slashed its full-year outlook and announced a restructuring program when its two main clients cut their inventories by more than expected. The news overshadowed better-than-expected second-quarter profit and sales. “We are very disappointed in the results we provided today,” said Chief Executive Don Casey.
