Veracyte, Inc. Investigation Initiated: Levi & Korsinsky Investigates The Officers and Directors of Veracyte, Inc. (VCYT)
NEW YORK CITY, NY / ACCESS Newswire / November 6, 2026 /Levi & Korsinsky notifies investors that it has commenced an investigation into Veracyte, Inc. ("Veracyte, Inc.") (NASDAQ:VCYT) concerning potential violations of the federal securities laws.
Veracyte, Inc. shareholders lost money on November 4, 2026 when the stock abruptly plummeted over 50% after the Company reported a weaker forward growth outlook for its Decipher Prostate test and narrowed its full-year revenue guidance. For the third quarter of 2026, the Company reported revenue of $151.8 million and net income of $31.5 million. However, the Company narrowed its full-year 2026 total revenue guidance to $590-$593 million from a prior range of $590-$596 million, setting the revised upper end below cited analyst expectations of $593.894 million. In the quarterly release, the Company disclosed that "Afirma outperformed, while Decipher Prostate volume was below our expectations." The Company further slashed guidance for Decipher, projecting annual incremental volumes of 12,000 to 15,000 compared to the previous roughly 20,000 estimate. CEO Marc Stapley previously claimed "Decipher is on a very straight line ... it 's highly predictable ... And I don 't see any reason why that kind of trend line should change in the next couple of years."
If you suffered a loss on your Veracyte, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
SOURCE:Levi & Korsinsky, LLP
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