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
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WGS
News
- GeneDx Fuels Rare Disease Drug Discovery with Launch of GeneDx DiscoverBusiness Wire
- GeneDx Announces Heidi Chen as Chief Legal Officer and Corporate SecretaryBusiness Wire
- New GeneDx Study Reveals Racial Disparities in Genetic Diagnosis Due to Systemic Barriers, Not Diagnostic YieldsBusiness Wire
- GeneDx to Highlight Key Research Findings at American Society of Human Genetics (ASHG) Annual MeetingBusiness Wire
- GeneDx Holdings Corp. (NASDAQ: WGS) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $54.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
WGS
Earnings
- 10/29/24 - Miss
WGS
Sec Filings
- 11/21/24 - Form 144
- 11/20/24 - Form SC
- 11/19/24 - Form SC
- WGS's page on the SEC website