** Fisher & Paykel Healthcare Corp's Australian shares
fall as much as 3.1% to A$23.570, their lowest since March 22
** Stock currently down 1.5%, faces worst day since March 15 if losses hold
** Medical equipment supplier initiates voluntary limited recall of batches of Airvo 2 and myAirvo 2 devices manufactured before Aug 14, 2017
** Co says recall relates to speaker configuration issue that may result in distorted, intermittent or inaudible alarm sound levels
** Co estimates costs associated with recall will be approximately NZ$12 mln ($7.18 mln)
** FPH's NZX-listed shares down 0.5%, face worst day since March 15 if losses hold
** Stock had risen 11.5% this year, as of last close
($1 = 1.6717 New Zealand dollars)
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com))
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