We share weekly commentaries with investors on stocks in our strategies that have appreciated or dropped more than 15% in a day during the course of the week. We hope you find this commentary useful.
CareDx (CDNA)
+18%
CareDx (CDNA), an industry leader in supporting transplant procedures and monitoring/aiding outcomes, traded up 18% on Monday after preannouncing much stronger than expected financial results for the fourth quarter and better than expected guidance for 2022.
Accolade (ACCD), a leading company in healthcare benefits management, traded up over 25% on Tuesday after announcing positive financial results for its fiscal third quarter as it continues along a path to profitability.
Butterfly Network (BFLY), a leader in the medical imaging field, traded up 19% on Tuesday after announcing that the Rochester Medical Group will deploy Butterfly’s technology throughout its enterprise.
Nurix Therapeutics (NRIX), a leading company in the emerging targeted protein therapeutics (TPD) space, traded down 15% on Tuesday after announcing a slight delay in the release of clinical data.
