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FLGT - Fulgent Genetics stock gains on $250M share buyback program
Fulgent Genetics Inc.
Fulgent Genetics (NASDAQ:FLGT) is +4.31% pre-market after announcing a share repurchase program under which it may buyback $250M of its common stock. The program will be funded using Fulgent's working capital. The genetic testing company had ~30.3M shares of common stock outstanding as of Mar. 07, 2022.