Shares of GeneDx Holdings Corp. (WGS) gained over 33% on Tuesday morning after the company reported its first-quarter results.
WGS is currently trading at $14.68, up $3.68 or 33.55%, on the Nasdaq. The stock opened its trading at $14.24 after closing Monday at $11.00. The stock has traded between $1.16 and $15.80 in the past 52-week period.
Revenues for the first quarter gained to $62.4 million from $43.1 million last year. Net loss for the quarter was $20.2 million or $0.78 per share, narrower that last year's loss of $61.0 million or $3.04 per share.
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