GeneDx stock drops again: WGS slides on 2026 outlook as JPM talk nears
GeneDx shares fell 8.7% to $108.90 Tuesday afternoon after the company released a 2026 revenue forecast of $540 million to $555 million and projected positive adjusted net income. The company reported 2025 revenue of about $427 million and ended the year with $172 million in cash. Investors are watching for updates at the J.P. Morgan Healthcare Conference on Jan. 14.