Earnings DisappointmentShares fell as investors wanted more upside to 3Q revenues and volumes, as 3Q24 revenues and test volume disappointed, with no comment on 4Q guidance.
Investment RisksInvestment risks include the failure of AlloMap and AlloSure tests to achieve commercial success due to market size, penetration rate, reimbursement, and competition.
Stock Price MovementShares of CDNA have pulled back ~20% since its analyst day.