Cologuard Maker Exact Sciences Slashes Outlook as Losses Mount
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Exact Sciences, the maker of the Cologuard colon cancer screening test, has reported widening losses and has cut its financial outlook, leading to a significant drop in its share price.
November 06, 2024 | 5:45 pm
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Exact Sciences reported widening losses and reduced its financial outlook, causing a sharp decline in its stock price.
The company's announcement of increased losses and a reduced financial outlook is a negative indicator for investors, leading to a decrease in stock price.
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IMPORTANCE 90
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