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Why is Adaptive Biotechnologies Corp (ADPT) Stock down?

We've noticed a 7.87% decline in Adaptive Biotechnologies Corp (ADPT) stock during the 2024-11-18 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
10 Nov, 2023:

Shares of Adaptive Biotechnologies Corporation (ADPT) dropped by 18.18% from $4.39 to $3.51 in the trading on Friday, Novemeber 10, 2023. The reason why ADPT down is due to disappointing Q3 financial results. Adaptive Biotechnologies (ADPT) disclosed a net loss of $50.3 million, equivalent to 35 cents per share, falling short of financial analysts' predictions, which left Wall Street disappointed.

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