Fulgent Genetics Securities Investigation Initiated
Analysis based on 8 articles · First reported Mar 20, 2026 · Last updated Mar 25, 2026
The market reacted negatively to Fulgent Genetics Inc.'s lower guidance, causing a significant drop in its stock price. This event could lead to a class-action lawsuit, impacting investor confidence in similar biotechnology companies.
Kirby McInerney LLP has launched an investigation into Fulgent Genetics Inc. following a substantial decline in its stock price. On February 27, 2026, Fulgent Genetics Inc. reported its fourth-quarter and full-year 2025 financial results and provided lower-than-expected guidance for 2026. This guidance reflected the impact of its largest customer moving a significant volume of work in-house. Consequently, Fulgent Genetics Inc.'s shares dropped by approximately 38.1%, from $24.76 to $15.33 per share. The law firm is investigating whether Fulgent Genetics Inc. and its senior management violated federal securities laws or engaged in other unlawful business practices. No lawsuit has been filed yet, and the investigation is ongoing.
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