Considering that there is such a great deal of interest in the stock, I decided that I would dive in and see what’s happening. There was little mystery as to why this occurred. GH saw -25.86% change opposing the low price in … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. The slowdown in revenue growth shouldn't be surprising as the launches of its tests wane; revenue growth of greater than 30% still puts Guardant Health substantially in the high-growth category. Motley Fool. Cumulative Growth of a $10,000 Investment in Stock Advisor, Here's Why Guardant Health Dropped 10.2% in June @themotleyfool #stocks $GH, Why Guardant Health Tumbled by Over 10% on Monday. Since closing at $84.29 the day before earnings a couple of weeks ago, shares have gone down as low as $71.52, as high as $87, back down to $73.15, and back up to $84.29 before falling over the last two trading days. Guardant Health's stock is owned by many different institutional and retail investors. So what. Here's Why Guardant Health Dropped 10.2% in June. Kiplinger. Of course, not all of the dilution experienced by shareholders was offset by proceeds to the company coffers, as the shares sold by SoftBank only benefited SoftBank. Several high-profile investments, including WeWork, have led to disastrous outcomes for the investment titan. Guardant Health Inc. [NASDAQ: GH] stock went on a downward path that fall over -3.40% on Wednesday, amounting to a one-week price decrease of less than -5.41%. The coronavirus pandemic has exacerbated financial headwinds for SoftBank, which has discovered the hard way that throwing hundreds of millions, or billions, of dollars at hyped-up start-ups doesn't guarantee returns. Jul-02-20 09:03AM : 10 Stocks to Invest in the Health Care Revolution. Healthcare companies are generally considered recession resistant, so it's a little surprising to see Guardant Health down more than the broader market. See you at the top! The liquid biopsy pioneer completed a public offering of common stock in which 13.2 million shares changed hands at $84 apiece. Shares of Guardant Health ( NASDAQ:GH) were slipping Friday after investors noticed that one of the company's independent directors sold off some shares. The one-year Guardant Health Inc. stock forecast points to a potential upside of 29.87. Find the latest Guardant Health, Inc. (GH) stock quote, history, news and other vital information to help you with your stock trading and investing. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. The yearly more of GH stock is set at 24.11% by far, with shares price recording returns by 12.68% in the latest quarter. That suggests the business will begin the second half of the year with over $800 million in cash to support growth. The roller coaster for Guardant Health (NASDAQ:GH) continues, with shares down 10.1% to $70.22 at 11:45 a.m. EDT today. With this latest performance, GH shares gained by 3.31% in over the last four-week period, additionally plugging by 7.81% over the last 6 months – not to mention a rise of 30.41% in the past year of trading. Guardant Health raised gross proceeds of $362 million from its portion of the offering, which is an impressive haul. He has written about biotech, pharmaceutical, and medical device companies for The Motley Fool since 2007. Returns as of 12/15/2020. A high-level overview of Guardant Health, Inc. (GH) stock. Market data powered by FactSet and Web Financial Group. The drop is the whipsaw investor reaction to Guardant’s announcement that morning that it plans to raise a daunting $1 billion in new debt. Over the last 12 months, GH stock dropped by -14.05%. Why Guardant Health (GH) is an Incredible Growth Stock? See you at the top! Better Coronavirus Stock: Quidel or Guardant Health? Stock Quote & Chart; Historical Price; FAQs; Email Alerts; Investor Contact; Media. Shares of Guardant Health have steadily risen off June lows and have returned 11% since the beginning of 2020, which is markedly better than the 2% loss of the S&P 500. 08:05AM : Guardant Health Announces Collaboration with Janssen to Develop Liquid Biopsy Companion Diagnostic . A simple blood draw helps cancer patients get the right drug. Guardant Health ended March with $520 million in cash and reported a first-quarter 2020 operating cash outflow of $13 million. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. However, the business sold only 4.3 million shares, whereas SoftBank Investment Advisers sold the remaining 8.9 million shares. Returns as of 12/15/2020. Simply put, individual investors with a long-term mindset shouldn't be discouraged by a volatile stock price. Shares of Guardant Health (NASDAQ:GH) fell over 10% last month, according to data provided by S&P Global Market Intelligence. Image source: Getty Images. Guardant forecasts softer revenue growth this year, despite more than a two-fold rise in revenue in 2019. 10 stocks we like better than Guardant Health. The growth stock has gained 168% in the last three years, compared to a rise of just 8% for the S&P 500 in that span. Let's conquer your financial goals together...faster. There are several factors that may be causing the movement in the stock. Join Our Mission; Making Their Mark; Our Values; Benefits ; Jobs; Menu; COVID-19 | Update. GlobeNewswire. Despite a rough June, investors have little to complain about. 11:00am Guardant Health Announces Collaboration with Janssen to Develop Liquid Biopsy Companion Diagnostic - GuruFocus.com. Earnings reports or recent company news can cause the stock price to drop. Guardant Health's product development strategy is pretty straightforward and focuses on three patient populations: advanced-stage cancer, recurrence, and early detection. Post-Market 0.00 (0.00%) Here's Why Guardant Health Dropped 10.2% in June - www.fool.com. 2020-07-05 7:07am Buying These 3 Stocks … Stock Advisor launched in February of 2002. Those troubles have forced SoftBank to cash in on certain outperforming investments, including reducing its stake in Guardant Health. When a company develops products that should be game changers in the way cancer is treated, it's going to generate a lot of buzz. Top institutional shareholders include Morgan Stanley (6.31%), BlackRock Inc. (5.01%), Jennison Associates LLC (3.20%), Nuveen Asset Management LLC (2.88%), Massachusetts Financial Services Co. MA (1.08%) and Allianz Asset Management GmbH (0.95%). Is Guardant Health worth watching? Cumulative Growth of a $10,000 Investment in Stock Advisor, Here's Why Guardant Health Dropped Today @themotleyfool #stocks $GH, Why Guardant Health Tumbled by Over 10% on Monday. Guardant Health Inc. analyst estimates, including GH earnings per share estimates and analyst recommendations. Market data powered by FactSet and Web Financial Group. Even if the COVID-19 coronavirus outbreak gets worse, people are still going to get cancer and need to figure out which treatments are required. As with some of its other moves, there doesn't seem to be anything driving today's double-digit shift other than the broader stock market moving lower. Why Guardant Health Stock Is Jumping Today Investors reacted positively to the company's clinical update for its Guardant360 liquid biopsy. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Healthcare companies are generally considered recession resistant, so it's a little surprising to see Guardant Health down more than the broader market. He graduated from the State University of New York College of Environmental Science and Forestry (2012) with a Bachelor of Science in Bioprocess Engineering and from Carnegie Mellon University (2016) with a Master of Science in Materials Science & Engineering. Why Is Everyone Talking About Guardant Health Stock? The stock is worth watching. SoftBank Vision Fund shed 4.9 million shares of high-flying Guardant Health Inc. as the fund’s other investments faced valuation and regulatory turmoil. Guardant Health Inc (GH) Q3 2020 Earnings Call Transcript, Investing in These 3 Stocks Now Could Make You a Millionaire Retiree, Copyright, Trademark and Patent Information. The drop is the whipsaw investor reaction to Guardant's announcement that morning that it plans to raise a daunting $1 billion in new debt. Guardant Health, Inc. 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