Why Quanterix Stock is Dropping Like a Rock

August 9. 2022. 6 mins read

Last week’s news cycle was dominated by a headline that almost makes you shed a tear. No, we’re not talking about Jennette McCurdy finally revealing to the world why she doesn’t like Ariana Grande. We’re talking about the sheer beauty of DeepMind’s latest accomplishment – the ability to predict the structure of nearly all proteins found in nature.

It’s been just over a year since news broke of Deepmind’s ability to predict a protein’s 3D structure from its amino acid sequence. The day after that announcement, we published a piece on Quanterix Stock: A Way to Play the Proteomics Boom. Since then, shares of the life sciences company have fallen 70% with around 55% of that value lost today alone. Let’s start by looking at why investors rolled shares of Quanterix off a cliff. (The quotes used in this article come from the mediocre earnings call transcript provided by the Fool’s stoned NLP algorithms unless stated otherwise.)

Doing The COB Shuffle

The board of directors for any given company acts as the CEO’s boss which is why you should never have a chairman of the board (COB) who is also the company’s CEO. It’s an obvious conflict of int

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