Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Invitae Stock Tumbled Again Today


Shares of Invitae (NYSE: NVTA) were down 8.6% as of 3:30 p.m. EST on Thursday. This marked the second consecutive session where the stock declined. Invitae hasn't announced any news that would cause its shares to slump. Instead, the stock continued to sink because of a broader market sell-off.

Investors shouldn't be alarmed by Invitae's pullback. Growth stocks almost always fall harder than the major market indexes do during a downturn. And whether or not the bearish sentiment ends soon or goes on for a while, the important thing to focus on is Invitae's long-term business prospects.

Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments