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.

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Source Fool.com