GeneDx shares are trading higher higher after the company reported better-than-expected Q3 financial results and raised its FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
GeneDx shares rose after the company reported better-than-expected Q3 financial results and increased its FY24 revenue guidance.
October 29, 2024 | 1:29 pm
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POSITIVE IMPACT
GeneDx shares increased due to strong Q3 financial results and an upward revision of FY24 revenue guidance.
The company's better-than-expected Q3 results and increased revenue guidance for FY24 are positive indicators for future performance, likely boosting investor confidence and driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100