Why Guardant Health Stock Was the Picture of Health Today

Cancer-diagnostics specialist Guardant Health (NASDAQ: GH) was a standout in the biotech sector on Hump Day. Investors cheered the company's news that one of its products made it onto a list of top innovations compiled by a familiar magazine. In response, they traded Guardant's shares up by almost 6%, making it quite the outperformer when matched against the S&P 500 index's 0.3% drop on the day.That magazine was the once-influential but still widely read Time, which flagged Guardant's Shield product as being one of its best inventions of 2024. The annual list compiled by the magazine features, in its words, "200 innovations changing how we live." Time selected Shield, a colorectal cancer diagnosis kit, as one of the 200. Praising Shield for making the traditionally uncomfortable screening process "as routine as getting blood drawn," it pointed out that Guardant harnesses data analysis and artificial intelligence (AI) to produce the test's results.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool