Abiomed to offer 2.4m shares of common stock

Cardiac medical devices maker Abiomed Inc. said Monday it would offer 2.4 million shares of common stock.

The offering is being made in connection with a filing that first became effective on Oct. 17, 2006, the company said.

Morgan Stanley & Co. will act as underwriters for the offering.

As of Aug. 1, the company had roughly 33.7 million shares outstanding, according to a filing with the Securities and Exchange Commission.

Shares fell 74 cents, or 3.9 percent, to $18.15 in aftermarket trading, after closing the regular session down 15 cents at $18.89. (AP)