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Why Editas Medicine Stock Is Getting Crushed Today

Why Editas Medicine Stock Is Getting Crushed Today

Shares of gene-editing specialist Editas Medicine (NASDAQ: EDIT) are falling sharply on Friday and were down by 16.7% as of 2:02 p.m. EDT. Goldman Sachs analyst Madhu Kumar initiated coverage of Editas Medicine with a sell rating Friday. Editas Medicine's share price as of the closing of business day yesterday was $40.98.