GeneDx Holdings (WGS) shares fall 10.85% after hours following securities class action lawsuit announcement

ByAinvest Wire

Monday, Aug 3, 2026 4:42 pm ET1min read

GeneDx Holdings (WGS) shares fell 10.85% in after-hours trading following the announcement of securities class action lawsuit deadlines by law firms. The filings allege that the company made false and misleading statements regarding its Q1 2026 financial performance, including a drop in adjusted gross margins and a significant cut to full-year revenue guidance, as well as a large impairment loss related to Fabric Genomics.

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GeneDx Holdings (WGS) shares fall 10.85% after hours following securities class action lawsuit announcement

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