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Accelerate Diagnostics, Inc.

Company NameAccelerate Diagnostics, Inc.
Stock SymbolAXDX

On October 21, 2022, after the market closed, Accelerate disclosed that it had received a request from the U.S. Food and Drug Administration to immediately discontinue the marketing and distribution of its Accelerate Arc system and related BC Kit for a particular diagnostic use.

On this news, Accelerate’s stock fell $0.62, or 39%, to close at $0.97 per share on October 24, 2022, thereby injuring investors. 

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