RMD News: Exact Sciences (EXAS) Witnesses Rising Expenses, Competition - 30th May 2024, 1:27am

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Exact Sciences EXAS continues to be impacted by escalating expenses and fierce competition.

Exact Sciences has been grappling with escalated expenses for a while. Deteriorating international trade stemming from complex geopolitical environments across the globe is leading to a tough situation related to raw material and labor costs as well as freight charges. The stock carries a Zacks Rank #4 (Sell) currently.

Further, the continuous rise in interest rates through 2023 with no news from the Fe...

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