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Stock impact report

Myriad Genetics (MYGN) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Myriad Genetics, Inc. (MYGN) 
Last myriad genetics, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: myriad.com/news-center/investor-information
Company Research Source: Yahoo! Finance
CEO, Samraat Raha, purchased a significant amount of company stock. According to filings, Raha bought 40,000 shares for a total of approximately $200,000, at an average price near $5.00 per share. This purchase increased his direct ownership to 493,104 shares. Such a large buy from a top executive is often viewed by investors as a strong vote of confidence in the company's future direction and value. The move was particularly notable given that reports indicated the company's shares had declined over the previous year. Is now the time to buy Myriad Genetics? Access our full analysis report here, it's free What Is The Market Telling Us Myriad Genetics's shares are extremely volatile and have had 46 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 5.9% Show less Read more
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