Shares of Interpace Biosciences (NASDAQ: IDXG) have surged higher premarket after the company announced the findings of a recent investigation into complaints of certain employment and billing and compliance matters.
The company stated that it had concluded the allegations made in the complaints are unsubstantiated and that there was no evidence of any illegal acts.
Back in August, Interpace’s stock price fell after the company disclosed it had received letters from several employees concerning the matters as mentioned earlier, with the company’s audit committee, an independent counsel and advisor immediately beginning an investigation.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
The investigation meant that Interpace was unable to report its financial results for the quarter ending June 30th.
The news of the conclusion of the investigation has seen the company’s stock price rise sharply to $5.14 per share, up 72.48% after Tuesday’s close at $2.98.
PEOPLE WHO READ THIS ALSO VIEWED:
