GeneDx Holdings ( (WGS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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GeneDx Holdings is experiencing unusual stock price movements despite surpassing revenue expectations and showing strong financial performance. The fourth quarter and full year of 2024 results exceeded guidance, prompting some analysts, like TD Cowen, to raise their price targets. However, the stock is facing volatility due to mixed analyst opinions and negative insider sentiment, with increased insider selling contributing to the downward trend.
More about GeneDx Holdings
YTD Price Performance: 6.76%
Average Trading Volume: 650,672
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.46B
For further insights into WGS stock on TipRanks’ Stock Analysis page.
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