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Stock impact report

Meet the Healthcare Stock That Produced Nvidia-Sized Gains in Less Than a Year [Yahoo! Finance]

GeneDx Holdings Corp. - Class A (WGS) 
Company Research Source: Yahoo! Finance
It's considered a defensive sector, but it still contains stocks that can shoot through the roof, given the right conditions. This year, the stars aligned for GeneDx Holdings (NASDAQ: WGS) , a genetic testing specialist. The stock rose a whopping 6,070% during the 12-month period ended Nov. 13. To put this gain in perspective, Nvidia 's legendary run over the past five years delivered a return of just 2,700%. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Of course, everyday investors want to know if the genetic testing stock can climb even higher. Let's look at the reasons it's risen so far to find out if it deserves a spot in your portfolio. In 2022, Sema4 acquired GeneDx, which was at the time a wholly owned subsidiary of Opko Health . Sema4 was employing artificial intelligence ( AI ) applications to build models of human health, and adding GeneDx's genome and exome sequencing operation kicked the business into h Show less Read more
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