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The genetic testing company is reducing costs to improve margins.
Fool.com contributor Parkev Tatevosian considers Invitae (NVTA -94.44%) stock and its financial prospects to determine if investors should buy the stock.
*Stock prices used were the afternoon prices of Sept. 18, 2023. The video was published on Sept. 20, 2023.
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.
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