Newsfile Corp
13 Jun 2026, 03:05 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
3 claims · each scored for market impact
GeneDx Holdings Corp. (WGS) is facing a class action lawsuit alleging securities fraud related to its acquisition of Fabric Genomics. — Securities fraud litigation creates significant legal liability and reputational risk, typically weighing on stock price.
-0.60GeneDx reported a $31.3 million impairment loss directly attributable to its acquisition of Fabric Genomics. — A direct write-down indicates a failure of a strategic acquisition and a loss of capital.
-0.50GeneDx's adjusted gross margin dropped from 74% to 69% and projected earnings were revised down from a range of $540-$555 million to $475-$490 million. — Fundamental deterioration in margins and a significant reduction in forward guidance negatively affect valuation.
-0.40Which stocks this story touches
Continue reading
6 related stories
Top 3 movers · tap to explore
The company is facing a class action lawsuit alleging securities fraud, impairment losses, and a significant stock price drop.
The company is mentioned as being subject to a class action lawsuit for investors with substantial losses.
The company is mentioned as being subject to an investor class action lawsuit.
Free · No account
Get a free daily PDF briefing — the last 24 hours of news, with summaries and the market-impact score for each story, delivered an hour before the open.
We’ll watch
Pre-filled from this story — remove any you don’t want. Add more tickers & tags or fine-tune your watchlist anytime — every email has an edit link, no account needed.
Free forever · one email a day, max · unsubscribe in one click.How it works
How the impact breaks down
Where the story's weight lands
Stocks most exposed
Modeled from each name's sensitivity to this story
No stock impact ranking available yet.
Newsfile Corp
5h ago
