Genetic Testing Firm Invitae, Backed by SoftBank and Cathie Wood, Files for Chapter 11 [Yahoo! Finance]
Invitae Corporation (NVTA)
Last invitae corporation earnings: 2/19 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.invitae.com/investor-relations/default.aspx
Company Research
Source: Yahoo! Finance
filed for bankruptcy as the DNA testing industry struggles to regain investor interest following a pandemic-era boom. Most Read from Bloomberg Musk Says Putin Can't Lose in Ukraine, Opposes Senate Bill The Brutal Reality of Plunging Office Values Is Here Stocks Bounce After Rough CPI Day as Bonds Mixed: Markets Wrap Democrat Suozzi Wins Back NY House Seat Vacated by Santos StanChart Weighs Break Up of Corporate, Investment Bank San Francisco-based Invitae filed for Chapter 11 protection in New Jersey and listed assets of $500 million to $1 billion and liabilities of $1 billion to $10 billion on its bankruptcy petition. The bankruptcy filing caps a relatively swift decline for Invitae, which saw its market capitalization soar to more than $10 billion during the Covid-19 pandemic. Despite the renewed investor interest, the company kept losing money and struggled to run a sustainable business. The company plans to use its own cash to fund the court process, according to
Show less
Read more
Impact Snapshot
Event Time:
NVTA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NVTA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NVTA alerts
High impacting Invitae Corporation news events
Weekly update
A roundup of the hottest topics
NVTA
News
- Invitae gets court approval for five-month bankruptcy sale [Reuters]Reuters
- Invitae gets court approval for five-month bankruptcy sale [Yahoo! Finance]Yahoo! Finance
- Invitae files for Chapter 11 bankruptcy to address huge debt load [Seeking Alpha]Seeking Alpha
- Genetic test maker Invitae files for bankruptcy protection in US [Reuters]Reuters
- Genetic Testing Firm Invitae, Backed by SoftBank and Cathie Wood, Files for Chapter 11 [BNN Bloomberg (Canada)]BNN Bloomberg
NVTA
Earnings
- 11/8/23 - Miss
NVTA
Sec Filings
- 2/14/24 - Form 8-K
- 2/13/24 - Form SC
- 2/13/24 - Form SC
- NVTA's page on the SEC website