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Shares of Invitae gain after company says Baker Bros. owns 12.6% stake

The ownership level is based on 57.3mln shares of outstanding common stock
Genetic drawing on screen
The stock climbed 6.3% on the news

Shares of Invitae Corp. (NYSE:NVTA) climbed after the genetic-information company said investing group Baker Bros. Advisors owns at 12.6% stake in the firm.

The stock gained 6.3% to US$5.44 at 10:29 a.m.

The ownership level is based on 53.7mln shares of common stock outstanding, Invitae said in a regulatory filing.



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