Biodegradable plastic is a type of plastic that can break down naturally in the environment, unlike traditional plastic which can take hundreds of years to decompose. However, there is some debate over whether biodegradable plastics truly break down completely or just fragment into smaller pieces. While biodegradable plastics may be a step in the right direction, the best solution to reducing plastic waste is still to reduce consumption and promote recycling.
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Why GeneDx Holdings Stock Blasted 8% Higher Today
GeneDx Holdings (NASDAQ: WGS) saw its stock rise over 8% following a strong second-quarter earnings report that revealed nearly $103 million in revenue, a 49% year-over-year increase, driven by a 69% surge in exome and genome testing sales. This performance stood in stark contrast to the S&P 500's modest 0.3% decline. Want More Context? 🔎
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