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GenMark Diagnostics Inc. (GNMK) Plunged To A 5-Month Low After Guidance Lowered

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

GenMark Diagnostics Inc. (GNMK) announced after the bell Monday that it now expects to report full year 2013 revenues of approximately $30 million, down from its original estimate of approximately $35 million. The consensus estimate is for revenues of $35.11 million.

GenMark Diagnostics gapped open lower Tuesday and fell in early trade, before settling into a range. Shares finished with a loss of 1.40 at $9.57 on above average volume. The stock sank to a 5-month low.

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