Market Overview

Sequenom Diagnostic Services Sends Stock Surging

Sequenom Diagnostic Services Sends Stock Surging


Sequenom Inc. (NASDAQ: SQNM)

Here is a hot stock for you to observe that has experienced quite a run since releasing there Q3 report. This Company specializes in life sciences bringing innovative testing and genetic analysis solutions. Sequenom Inc. stock symbol SQNM has currently experienced a surge of 24.12% Up 0.41 with 5.9 million in play at a share value of $2.11 Friday, Nov. 8, 2013 12:49PM EST. The Company recently reported above satisfactory total revenue up 26% in comparison to Q2 2013.


To be even more crystal, the Company ( experienced a 92% gain in total revenue in comparison to Q3 2012.  Sequenom Inc. diagnostic services revenues increased dramatically despite coding changes and the corresponding delays in refunds. Need I not forget to mention that for the 9 months of this year Sequenom Laboratories operating segment enlarged 242%. Sequenom Laboratories provides laboratory testing services with a focus on prenatal and ophthalmological conditions, including  MaterniT21. MaterniT21 contributes as a blood test that searches at the fetal DNA in females blood. Something that could be promising concerning that since fetal monitors are expected to touch around $797 million in 2016.

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Posted-In: Markets Movers Tech


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