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          comprehensive  
          
                                   
                 
                                      author：fashion   
                                        
                                      
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browse：567
                                  
                                    
          
                                    
            
          
 
          Exact Sciences headquarters. -- biotech coverage from STAT
          Exact Sciences' headquarters in Madison, Wis.																									Wikimedia Commons 
          Exact Sciences reported first-quarter revenues this week that beat market expectations, and the cancer detection company’s executives still believe they’re on track to meet expected 2024 revenue.
          That’s usually good news. Yet Exact shares are down nearly 11% on Thursday, dipping to $53.12 within the first few hours of trading. During after-hours trading on Wednesday, shortly after Exact released its financial updates, shares tumbled as low as $47.24.
          advertisement
          The seemingly paradoxical result reflects worries about a potential slowdown in future growth at Exact, a $10 billion biotech best known for Cologuard, a colon cancer screening test that detects blood and DNA from stool samples. The test, which first won regulatory approval in 2014, was designed to boost cancer screening rates by providing a more convenient alternative to colonoscopies.
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