Why Is Exact Sciences (EXAS) Down 17.5% Since Last Earnings Report?

A month has gone by since the last earnings report for Exact Sciences (EXAS) . Shares have lost about 17.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Exact Sciences due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Exact Sciences Q1 Revenues Rise Y/Y, Gross ...