NEW YORK, March 3 (GenomeWeb News) - Third Wave Technologies Director Brunner Gordon yesterday bought 3,500 shares in his company, as the stock continued to slide for the seventh consecutive day since Third Wave reported lackluster fourth-quarter earnings on Feb. 23.
Third Wave's stock was down 7.35 percent, or $.44, at $5.55 in mid-afternoon trading today. The stock has shed 27 percent of its value since the fourth-quarter earnings were reported on Feb. 23. The shares last traded at this level in early September.
Gordon bought the stock as the share price reached $6.22, and he now owns a total of 39,500 shares in the company, according to Insidercow.com, a web site that follows insider transactions.
As GenomeWeb News reported on Feb. 23, Third Wave said total revenues for the three-month period ended
Total receipts for the three-month period ended