Nanex Research

Nanex ~ 30-Nov-2012 ~ Myriad Genetics Flash Crashes

On November 30, 2011 beginning at 15:16, the stock of Myriad Genetics Inc (symbol MYGN) dropped 9.3% in 90 seconds, it almost fully recovered 2.5 minutes later. MYGN has a market cap of 2.43 billion ( a little less for about 90 seconds ). The move was driven by news that the Supreme Court was investigating patents on human genes.

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