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0 -0.000165892501658892 0.000663570006635686 0.000331785003317902 -0.000331785003317784 0.00331785003317855 0.00431320504313214 0.00734903782349046
Stock impact report

CareDx stock climbs 7% amid reports Natera not pursuing litigation [Seeking Alpha]

CareDx, Inc. (CDNA) 
Last caredx, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.caredxinc.com
Company Research Source: Seeking Alpha
“With no claims of ongoing infringement, Natera ( NTRA ) cannot obtain an injunction on the current version of AlloSure Kidney,” Craig-Hallum said in a note Thursday, adding the news should be a “positive catalyst for CDNA shares as the Natera motion was seen by some as an overhang on the stock.” Shares of CareDx ( CDNA ) closed 12% lower on Wednesday. Craig-Hallum said it believed the drop was likely due to a large seller triggering quant selling. Also on Wednesday, CareDx ( CDNA ) said it had appointed Jing Huang as its chief data and artificial intelligence officer, a newly created position. Huang will lead data science initiatives that are a part of the company's long-term strategic growth plan, CareDx (CDNA) said in a statement On Tuesday, CareDx ( CDNA ) announced that the U.S. Department of Justice had closed an investigation into the company with no finding of wrongdoing. CareDx plans to present it long-term growth strategy during an Investor Day on October 15. Reco Show less Read more
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