Life Science Funding Weakness Hit Azenta’s (AZTA) Outlook
Conestoga Capital Advisors’ Q2 2026 investor letter highlighted a shift toward small caps, citing Russell 2000 and Russell 2000 Growth gains, while noting uneven leadership hurt quality-focused strategies. The firm said it sold Azenta, Inc. (NASDAQ:AZTA) after execution issues, weaker life sciences funding, and softer capital equipment demand led management to lower its full-year outlook. Azenta closed Aug. 5 at $31.82.



