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Natera taps Moshkevich as CEO, shares fall

By Reuters News

** Shares of Natera NTRA.O down 17.5% at $300 in extended trading

** Co appoints Solomon Moshkevich as chief executive officer and a member of the Board of Directors, effective immediately

** Steve Chapman will step down from the CEO role and remain a consultant to the company for an extended period of time

** Chapman will also remain an advisor to the Board of Directors

** Separately, NTRA raises 2026 annual revenue forecast to between $3.005 billion and $3.035 billion, from $2.850 billion to $2.910 billion

** Reports Q3 revenue of $794 million compared with analysts' estimates of $704.9 million, according to data compiled by LSEG

** As of last close, stock up 58.8% YTD

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