Exact Sciences is experiencing a wild After-Hours Ride Today. It has dropped significantly below 6.50 then back up to 8.57 and now back down to 6.75. I wonder about a flash crash happening in after hours trading and how much investors are selling off their stocks. Right now Exact is down 1.83 at 6.74 a 21% loss. But it will be right back up tomorrow so I'm not sure what is really going on. Massive afterhours sell-off is causing a crash. Take a look at afterhours trading news here at Marketwatch: EXAS
Now is not a time to sell as trading Friday could be significant gains with news of a successful Diagnostic testing for Colon Cancer screening. But what is going on with Investment Banks right now in after hours trading is somewhat troubling. How much is controled in after hours trading is a mystery to me, but I know it is not the average investor making these moves. Internal trades are happening at this moment but why is the price of Exact Sciences dropping so much. Trading was halted earlier today in anticipation of the news release. Here is that news.
Exact Sciences says colon cancer test successful
* Screening test detects 64 pct pre-cancers
* Detects 85 pct cancers
* Exact Sciences test detects 87 percent of tumors
* Finds 64 percent of pre-cancerous growths (Adds details on 2nd test, refiles to fix headline)
