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NASDAQ:NTRA 5 May 2026

GeneDx Stock Crash: WGS Plunges After Guidance Cut Raises Reimbursement Fears

GeneDx Stock Crash: WGS Plunges After Guidance Cut Raises Reimbursement Fears

GeneDx shares dropped 51% to $33.12 after the company cut its 2026 revenue forecast and lowered full-year guidance to $475–$490 million. First-quarter revenue rose 17% to $102.3 million, but missed expectations as reimbursement rates and product mix hurt sales. The company posted an adjusted net loss of $8.2 million. Management maintained its target for positive adjusted net income this year.

Stock Market Today

  • CME and ICE Press U.S. Regulators for Oversight of Hyperliquid Crypto Platform
    May 15, 2026, 2:13 PM EDT. CME Group and Intercontinental Exchange (ICE), owner of the New York Stock Exchange, are lobbying the U.S. Commodity Futures Trading Commission (CFTC) and lawmakers to impose federal regulation on Hyperliquid, a largely offshore crypto and commodity trading platform. They cite risks of market manipulation and sanctions evasion due to Hyperliquid's anonymous and lightly regulated structure. The exchanges want Hyperliquid to register with the CFTC, enforce customer identification, and enhance trade surveillance. Hyperliquid, responsible for 70% of on-chain perpetual futures at its peak, pushed back, disputing the comparison to traditional exchanges and advocating for a tailored regulatory framework. The lobbying move coincides with CME's planned expansion of its own crypto derivatives trading in June.

Latest articles

Archer Aviation’s $8 Million Vendor Share Filing Puts Cash Burn Back in Focus

Archer Aviation’s $8 Million Vendor Share Filing Puts Cash Burn Back in Focus

15 May 2026
Archer Aviation registered 3.27 million shares for resale and plans to issue up to $8 million in stock to vendors, according to a new SEC filing. The move comes days after Archer reported a first-quarter net loss of $217.7 million and revenue of $1.6 million. Shares fell about 4% to $6.13 in New York trading. Archer ended March with $1.78 billion in cash and short-term investments.
UiPath’s AI Push Sets Stage Ahead of Earnings; PATH Shares Climb

UiPath’s AI Push Sets Stage Ahead of Earnings; PATH Shares Climb

15 May 2026
UiPath shares rose 7.4% to $10.39 Friday after the company launched Global AgentHack 2026, a developer contest focused on its new coding-agent platform. Trading volume hit nearly 29.9 million shares, with call options activity at 1.4 times the norm. The hackathon offers $50,000 in prizes and runs through June 29. Investors are watching to see if AI agents will boost or threaten UiPath’s automation business ahead of May 28 earnings.
Navitas Semiconductor Secures $122 Million, Putting AI Power-Chip Hype to the Test

Navitas Semiconductor Secures $122 Million, Putting AI Power-Chip Hype to the Test

15 May 2026
Navitas Semiconductor raised about $122 million by selling 6.53 million shares through an at-the-market program, according to a May 13 SEC filing. The company reported first-quarter revenue of $8.6 million, down from $14 million a year earlier, and a GAAP operating loss of $27.8 million. Shares closed at $20.90, valuing Navitas at about $4.8 billion.
Snap Stock Faces New Washington Test as Evan Spiegel Is Called Back to Congress

Snap Stock Faces New Washington Test as Evan Spiegel Is Called Back to Congress

15 May 2026
Snap CEO Evan Spiegel was invited to testify at a June Senate hearing on children’s online safety, alongside leaders from Meta, Alphabet, and TikTok. The hearing comes as Snap faces slowing North American user growth and ad-market concerns. The Senate Judiciary Committee has not yet received formal RSVPs from the CEOs. Snap declined to comment on the invitation.
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