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Why Invitae Stock Tumbled Today


Shares of Invitae (NYSE: NVTA) were tumbling 10.9% as of 3:11 p.m. EDT on Wednesday. There weren't any new developments that explained the decline. Instead, the stock appeared to be dragged down in a broader sell-off of growth stocks.

It's best to ignore short-term volatility, especially when there isn't a clear underlying cause. Investors are better off focusing on Invitae's long-term prospects. And those prospects still look pretty good.

Image source: Getty Images.

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Source Fool.com

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