Director Makes Bold Move with Major Biodesix Stock Purchase
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Director Jack Schuler has purchased 18,373 shares of Biodesix stock for $111,339. The company recently executed a one-for-twenty reverse stock split, reducing shares from 156 million to 8 million to improve market positioning. Despite some revenue growth, Biodesix faces financial challenges, including high leverage and negative profitability, leading to a neutral rating from analysts. The stock has seen a year-to-date decline of 78.01%, with a current market cap of $49.68 million.
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