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Natera loses more than $1.7 billion in market cap, even after company calls Hindenburg report ‘misleading’

Shares of Natera Inc. NTRA, -31.23% plummeted 32.9% in active afternoon trading Wednesday toward a 22-month low, enough to pace all of the Nasdaq’s decliners, after noted short seller Hindenburg Research called the Texas-based genetic testing services company, “Pioneers in deceptive medical billing.” Trading volume ballooned to 33.9 million shares, compared with the full-day average …