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Why Shares of Genetron Holdings Are Up More than 9.3% on Tuesday

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Why Shares of Genetron Holdings Are Up More than 9.3% on Tuesday
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Genetron Holdings (NASDAQ: GTH), a Chinese oncology testing company, briefly climbed to a high of $11.11 a share on Tuesday morning, up more than 9.3% over its closing price of $9.60 a share on Monday. Genetron reported its third-quarter earnings before the market opened on Tuesday. It also said that its gross margins had grown from 62% to 69%.

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