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Why Invitae Tumbled 10.5% Today

TheMotleyFool

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Invitae's (NYSE: NVTA) shares lost 10.5% of their value today, as ongoing worry over a global economic slowdown more than offset expectations for significant sales growth in 2020.

Invitae was far from the only company to tumble. The iShares Russell 2000 Index ETF (NYSEMKT: IWM) lost 9.7% of its value today, and since Invitae is a member of that index, its drop isn't too surprising.

IMAGE SOURCE: GETTY IMAGES.

Source Fool.com

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