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Quanterix Corporation

Company NameQuanterix Corporation
Stock SymbolQTRX

On November 12, 2024, after market hours, Quanterix disclosed that it had “identified an error related to the capitalization of labor and overhead costs applied to prior periods going back to at least 2021, which impacted the valuation of inventory” and that the affected financial statements should no longer be relied upon.

On this news, Quanterix’s stock price fell $2.77, or 18.3%, to close at $12.40 per share on November 13, 2024, thereby injuring investors.

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