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“The Whites of Their Eyes”

CEA Chair Phelan on the need for a 50 bps increase in the Fed funds rate, given the hot CPI readings today, contra Waller and Logan (Bloomberg): Christopher Phelan, chairman of the White House Council…

Why GeneDx Holdings Stock Just Dropped 16.6%

GeneDx met Wall Street's revenue target but missed on test volume and trimmed its volume growth outlook, and a stock priced on growth is paying for it.

  • GeneDx Holdings stock fell 16.6% after cutting growth projections for the year.
  • Company maintained revenue forecast but reduced volume growth target to minimum 28%.

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