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What: Shares of biotech Sequenom
So what: The company's Trisomy 21 (T21) test promises a non-invasive means to test for Down syndrome in unborn children. According to the earnings release, results for the latest round of T21 results won't be published until later this year.
Now what: In the meantime, Sequenom's first quarter ended with a $0.13-per-share loss on $13.5 million in revenue. Analysts had been expecting a $0.19-per-share loss on $12.7 million in revenue. Traders and investors alike cheered. But for Fools, this three-star stock remains a speculative bet. Tread carefully.
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