Sequenom (SQNM) Falls After 'No News' On Re-Validation Of Down Syndrome Test
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After rising over 20% yesterday, shares of Sequenom Inc. (Nasdaq: SQNM) are down 5.6% this AM. Yesterday, there was all types of speculation about the early release of the re-validation the company's SEQureDx Down syndrome test. The test was delayed in April due to mishandling of R&D test data and results.
With no news this morning, traders are selling yesterday's run-up.
Results of the re-validation of SEQureDx is not formally expected until the fourth quarter.
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