Movement Alert|Natera Falls 3.33% in Regular Trading, Profit-Taking Extends After Melanoma Study Launch

Market Focus10-08

On October 8, Natera fell 3.33% in regular trading, trading at $382.25 per share, with turnover of $114 million.

The decline extends profit-taking pressure following the company's announcement of a clinical study with NYU Langone Health for its Signatera test in advanced melanoma. Investors have been locking in gains after a prior rally sparked by the launch of a phase 3 breast cancer trial.

The new melanoma study will use Signatera to detect persistent molecular residual disease before radiographic progression, aiming to guide treatment escalation for patients with advanced or metastatic melanoma.

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