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Down 96%, Is Invitae Stock a Buy?

The innovative medical services company is making adjustments to improve the bottom line.

By Parkev Tatevosian, CFA – Aug 11, 2023 at 8:00AM EST

Fool.com contributor Parkev Tatevosian offers investors an earnings review of Invitae (NVTA +0.00%) and lets you know if the beaten-down growth stock is a buy.

*Stock prices used were the afternoon prices of Aug. 8, 2023. The video was published on Aug. 10, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Invitae. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Invitae Stock Quote
Invitae
OTC: NVTA
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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