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GoodRx Surges 19% After CEO's Fox Business Appearance
ByAinvest
Wednesday, Oct 1, 2025 5:06 pm ET1min read
GoodRx's stock surged 19% on Wednesday after CEO Wendy Barnes appeared on a Fox Business program, highlighting the Trump administration's efforts to lower drug prices. Barnes emphasized the importance of consumer choice in healthcare and cited recent developments as positive steps towards reducing costs. The stock's increase indicates investors' optimism about the company's prospects under the new administration's policies.
GoodRx Holdings (NASDAQ: GDRX) saw its stock rise by approximately 19% on Wednesday, following CEO Wendy Barnes' appearance on a Fox Business program. Barnes highlighted recent developments by the Trump administration aimed at lowering drug prices, which has led to investor optimism about the company's prospects.During the interview, Barnes emphasized the importance of consumer choice in healthcare and praised the administration's initiatives. She noted that the government's TrumpRx proposal, which includes a direct-to-consumer website for discounted medications, complements GoodRx's existing business model. Additionally, Barnes suggested that GoodRx could potentially partner with the administration on its new drug pricing efforts [1].
The Trump administration's comprehensive plan to reduce prescription drug costs in the United States was announced the previous day. This plan includes a broad agreement with Pfizer to lower prices on many of its products. The stock's surge reflects investors' optimism about GoodRx's potential to benefit from or collaborate with these new initiatives [2].
GoodRx operates a platform that helps consumers find discounted prices on prescription medications. The company's stock performance indicates that investors are optimistic about the company's ability to capitalize on the new drug pricing policies.
References
[1] https://seekingalpha.com/news/4501109-goodrx-gains-late-session-surge-ceo-remarks-closes-up-19
[2] https://www.investing.com/news/stock-market-news/goodrx-stock-soars-after-ceo-hints-at-potential-trumprx-partnership-4267431
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