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Investors might have begun to worry that Fulgent Genetics ' (NASDAQ: FLGT) freefall in recent months would never end. The genetic testing company's shares have plunged more than 50% from the highs set earlier this year.
Those worries might die down somewhat now, though. Fulgent announced its first-quarter results after the market closed Thursday. The life sciences stock jumped close to 4% in after-hours trading. Here are the highlights from Fulgent's Q1 update.