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- $1.9BMarket Cap
- -22.50%1-Year Change
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GENEDX HLDG (WGS)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 5
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
A class action lawsuit has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) alleging the company made false and misleading statements about Fabric Genomics and margin durability. On May 4, 2026, GeneDx revealed a $57.5 million operating loss, lowered 2026 revenue guidance by $65 million, and took a $31.3 million write-down on Fabric Genomics. The stock price declined approximately 50% following the announcement.
07/13/2026, 6:55 PM • GlobeNewswire
GeneDx Holdings Corp. (NASDAQ: WGS) faces a class action lawsuit alleging that executives made false statements about the viability of its Fabric Genomics acquisition. The company revealed significant problems on May 4, 2026, including a drop in adjusted gross margin from 74% to 69%, reduced earnings projections, and a $31.3 million impairment loss, causing the stock to plummet over 49%. Investors with substantial losses have until August 3, 2026 to seek appointment as lead plaintiff.
07/12/2026, 5:00 PM • GlobeNewswire
A class action lawsuit has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) alleging that the company made materially false and misleading statements regarding its business operations. The complaint claims GeneDx misled investors about Fabric Genomics' importance, overstated the durability of reimbursement rates, and failed to disclose that these issues would negatively impact the company's gross margins. Investors who purchased GeneDx securities between April 16, 2025 and May 4, 2026 are encouraged to join the case, with a lead plaintiff deadline of August 3, 2026.
07/12/2026, 12:00 PM • GlobeNewswire
Rosen Law Firm has filed class action lawsuits on behalf of investors in Insulet Corporation (PODD), GRAIL, Inc. (GRAL), and GeneDx Holdings Corp. (WGS). The lawsuits allege that defendants made false or misleading statements regarding manufacturing controls, product safety compliance, and regulatory risks. Investors who purchased securities during the specified class periods may be eligible for compensation. The lead plaintiff deadline is August 31, 2026.
07/11/2026, 7:11 PM • GlobeNewswire
Rosen Law Firm is encouraging investors who purchased GeneDx Holdings Corp. (NASDAQ: WGS) common stock between April 16, 2025 and May 4, 2026 to join a securities class action lawsuit. The lawsuit alleges that GeneDx made false statements regarding the Fabric acquisition's positive impact on the company's financials and operations, when in reality the company knew of significant viability problems that would negatively impact the business. The lead plaintiff deadline is August 3, 2026.
07/11/2026, 6:25 PM • GlobeNewswire
Faruqi & Faruqi, LLP is investigating a federal securities class action against GeneDx Holdings Corp. (NASDAQ: WGS) for allegedly making false and misleading statements about its Fabric Genomics acquisition and overstating the durability of reimbursement rates. On May 4, 2026, GeneDx disclosed missed Q1 results, cut 2026 guidance from $540-555M to $475-490M, and took a $31.3M goodwill impairment charge on the $36.5M Fabric Genomics acquisition. The stock fell 49% ($33.42 per share) on the news. The deadline to seek lead plaintiff appointment is August 3, 2026.
07/11/2026, 8:30 AM • GlobeNewswire
A securities class action lawsuit has been filed against GeneDx Holdings Corp. for allegedly making false statements about the Fabric acquisition's impact on the company's financials and operations. Investors who purchased GeneDx stock between April 16, 2025 and May 4, 2026 may be entitled to compensation. The lead plaintiff deadline is August 3, 2026.
07/08/2026, 11:02 PM • GlobeNewswire
Hagens Berman is investigating a securities class action lawsuit against GeneDx Holdings (WGS) alleging executives misled investors about the Fabric Genomics acquisition and its synergy potential. The company's stock collapsed 49% on May 5, 2026, following a disastrous Q1 2026 earnings report that included a $31.2 million impairment charge on the Fabric Genomics unit, representing 94% of the acquisition cost. GeneDx also reported a tenfold increase in net loss, missed revenue targets, and slashed 2026 guidance by 12%.
07/08/2026, 2:48 PM • GlobeNewswire
A securities class action lawsuit has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) for allegedly making false statements regarding the Fabric acquisition's impact on the company's financials and operational efficiencies. Investors who purchased GeneDx common stock between April 16, 2025 and May 4, 2026 may be entitled to compensation. The deadline to serve as lead plaintiff is August 3, 2026.
07/05/2026, 11:02 PM • GlobeNewswire
Robbins Geller Rudman & Dowd LLP announced a securities class action lawsuit against GeneDx Holdings Corp. (NASDAQ: WGS) for allegedly making false statements regarding the Fabric Genomics acquisition. GeneDx revealed significant problems with the acquisition on May 4, 2026, including a drop in adjusted gross margin from 74% to 69%, reduced earnings projections, and a $31.3 million impairment loss, causing the stock to plummet over 49%. Investors with substantial losses can seek appointment as lead plaintiff by August 3, 2026.
07/05/2026, 12:50 PM • GlobeNewswire
A federal securities class action has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) alleging that the company and its executives made false and misleading statements about the Fabric Genomics acquisition and overstated the durability of reimbursement rates. On May 4, 2026, GeneDx disclosed missed Q1 results, cut 2026 guidance from $540-555 million to $475-490 million, and took a $31.3 million goodwill impairment charge on the Fabric Genomics acquisition purchased for $36.5 million one year prior. The stock fell over 49% on the news. Investors who purchased GeneDx stock between April 16, 2025 and May 4, 2026 may be eligible to participate in the lawsuit, with a deadline of August 3, 2026 to seek lead plaintiff appointment.
07/05/2026, 11:49 AM • GlobeNewswire
A securities fraud class action lawsuit has been filed against GeneDx Holdings Corp. for allegedly making material misstatements about the viability of its $51 million acquisition of Fabric Genomics. The company wrote off a $31.3 million impairment loss on the Fabric acquisition in Q1 2026, causing the stock to plunge 49%. Investors who purchased WGS stock between April 16, 2025, and May 4, 2026, have until August 3, 2026, to seek lead plaintiff status.
07/03/2026, 1:05 PM • GlobeNewswire
A securities class action lawsuit has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) for alleged misrepresentations regarding the Fabric acquisition's impact on the company's business. Investors who purchased GeneDx common stock between April 16, 2025 and May 4, 2026 may be entitled to compensation. The lead plaintiff deadline is August 3, 2026.
07/02/2026, 5:51 PM • GlobeNewswire
A class action lawsuit has been filed against GeneDx Holdings Corp. (NASDAQ: WGS) alleging that the company made materially false and misleading statements regarding its business operations. The complaint claims GeneDx misled investors about Fabric Genomics' importance, overstated the durability of reimbursement rates, and failed to disclose that gross margins would decline. Investors who purchased GeneDx securities between April 16, 2025 and May 4, 2026 are eligible to join the case, with a lead plaintiff deadline of August 3, 2026.
07/01/2026, 12:00 PM • GlobeNewswire
GeneDx Holdings Corp. faces a securities class action lawsuit for failing to disclose material information about its acquisition performance. The company reported a significant drop in adjusted gross margin from 74% to 69%, missed revenue estimates, and disclosed a $31.2 million impairment loss on its Fabric Genomics acquisition. GeneDx shares fell 49.2% on the news. Investors have until August 3, 2026 to file lead plaintiff applications.
06/30/2026, 10:42 PM • GlobeNewswire
Peers
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MoreInformation as of 07/13/2026
Company Profile
GeneDx Holdings Corp., a genomics company, provides genetic testing services. The company primarily offers pediatric and rare disease diagnostics with a focus on whole exome and genome sequencing, as well as data and information services. It also develops an AI-based platform for next generation sequencing analysis, interpretation, and clinical reporting for rare disease, hereditary risk, and cancer testing. GeneDx Holdings Corp. was founded in 2000 and is headquartered in Stamford, Connecticut.
Key Executives
- Katherine A. Stueland
- Kevin Feeley
- Bryan Dechairo
- Mark A. Gardner
- Martin G. Reese
Current Ownership Distribution
- Institutions192.3M (76.45%)
- Mutual Funds52.3M (20.80%)
- Insiders6.9M (2.75%)
- Other0 (0.00%)