By Josh Beckerman
Two days after a massive surge following its earnings report, Invitae Corp. was up 26% to $5.70, posting its third consecutive day of volume over 100 million shares.
The medical genetics company’s shares closed at $2.29 Tuesday, rising 277% the next day to $8.63 and declining to a Thursday close of $4.51.
Invitae said in its Tuesday afternoon earnings report that it had “improvements in several key metrics focusing on non-GAAP gross margin, operating expense and cash burn trajectory.”
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