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2021-06-20

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2021-06-19

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ME Stock: 14 Things for Investors to Know About 23andMe Following Its Nasdaq Debut

2021-05-11

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Divorce Asset Split Starts: Melinda Gates Now Owns Stakes In These 4 Stocks

2021-05-11

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22:33","market":"us","language":"en","title":"ME Stock: 14 Things for Investors to Know About 23andMe Following Its Nasdaq Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1135760972","media":"investorplace","summary":"23andMe(NASDAQ:ME) stock is on the move Friday after the company made its public debut on the Nasdaq","content":"<p><b>23andMe</b>(NASDAQ:<b><u>ME</u></b>) stock is on the move Friday after the company made its public debut on the&nbsp;<b>Nasdaq Exchange</b>&nbsp;yesterday.</p>\n<p>Here’s everything investorsneed to know about the company and it going public.</p>\n<ul>\n <li>To start off with, 23andMe didn’t use an initial public offering (IPO) for its debut.</li>\n <li>Instead, the company combined with special purpose acquisition company (SPAC)<b>VG Acquisition</b>.</li>\n <li>That SPAC merger closed on Wednesday, which saw shares of ME stock start trading publically on Thursday.</li>\n <li>The merger resulted in it raising $592 million in gross proceeds, which it plans to use in expanding its consumer health and therapeutics businesses.</li>\n <li>23andMe is keeping its current leadership team, but with some minor changes.</li>\n <li>That includes two executives from VG Acquisition joining the company’s Board of Directors.</li>\n <li>23andMe is a consumer genetics and research company.</li>\n</ul>\n<ul>\n <li>It was founded in 2006 and is headquartered in Sunnyvale, Calif.</li>\n <li>The goal of the company is to better help its customers understand their own genetic information.</li>\n <li>Its work has also resulted in several authorizations for genetic health risk reports from the U.S. Food and Drug Administration (FDA).</li>\n <li>The company uses its research into the human genome to develop drugs to treat a variety of diseases.</li>\n <li>That includes oncology, respiratory, and cardiovascular diseases.</li>\n <li>Trading for ME stock is starting off heavy today with some 1.1 million shares trading hands.</li>\n <li>That’s approaching its average daily trading volume of 1.2 million shares.</li>\n</ul>\n<p>ME stock was down 3.8% in early trading on Friday after surging higher during trading on Thursday.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ME Stock: 14 Things for Investors to Know About 23andMe Following Its Nasdaq Debut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nME Stock: 14 Things for Investors to Know About 23andMe Following Its Nasdaq Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 22:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/me-stock-14-things-for-investors-to-know-about-23andme-following-its-nasdaq-debut/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>23andMe(NASDAQ:ME) stock is on the move Friday after the company made its public debut on the Nasdaq Exchange yesterday.\nHere’s everything investorsneed to know about the company and it going public.\n...</p>\n\n<a href=\"https://investorplace.com/2021/06/me-stock-14-things-for-investors-to-know-about-23andme-following-its-nasdaq-debut/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc."},"source_url":"https://investorplace.com/2021/06/me-stock-14-things-for-investors-to-know-about-23andme-following-its-nasdaq-debut/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135760972","content_text":"23andMe(NASDAQ:ME) stock is on the move Friday after the company made its public debut on the Nasdaq Exchange yesterday.\nHere’s everything investorsneed to know about the company and it going public.\n\nTo start off with, 23andMe didn’t use an initial public offering (IPO) for its debut.\nInstead, the company combined with special purpose acquisition company (SPAC)VG Acquisition.\nThat SPAC merger closed on Wednesday, which saw shares of ME stock start trading publically on Thursday.\nThe merger resulted in it raising $592 million in gross proceeds, which it plans to use in expanding its consumer health and therapeutics businesses.\n23andMe is keeping its current leadership team, but with some minor changes.\nThat includes two executives from VG Acquisition joining the company’s Board of Directors.\n23andMe is a consumer genetics and research company.\n\n\nIt was founded in 2006 and is headquartered in Sunnyvale, Calif.\nThe goal of the company is to better help its customers understand their own genetic information.\nIts work has also resulted in several authorizations for genetic health risk reports from the U.S. Food and Drug Administration (FDA).\nThe company uses its research into the human genome to develop drugs to treat a variety of diseases.\nThat includes oncology, respiratory, and cardiovascular diseases.\nTrading for ME stock is starting off heavy today with some 1.1 million shares trading hands.\nThat’s approaching its average daily trading volume of 1.2 million shares.\n\nME stock was down 3.8% in early trading on Friday after surging higher during trading on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199518033,"gmtCreate":1620717135622,"gmtModify":1704347230064,"author":{"id":"3579917084592304","authorId":"3579917084592304","name":"1d8894ff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579917084592304","idStr":"3579917084592304"},"themes":[],"htmlText":"Cool!!!","listText":"Cool!!!","text":"Cool!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199518033","repostId":"1175357283","repostType":4,"repost":{"id":"1175357283","pubTimestamp":1620711682,"share":"https://ttm.financial/m/news/1175357283?lang=&edition=fundamental","pubTime":"2021-05-11 13:41","market":"us","language":"en","title":"Divorce Asset Split Starts: Melinda Gates Now Owns Stakes In These 4 Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1175357283","media":"benzinga","summary":"The divorce between Microsoft Corporation co-founder Bill Gates and Melinda Gates is well-publicized","content":"<p>The&nbsp;divorce&nbsp;between&nbsp;<b>Microsoft Corporation</b>&nbsp;co-founder Bill Gates and Melinda Gates is well-publicized. The event could lead to the&nbsp;splitting upof a fortune worth $140 billion, including stakes in several publicly traded companies.</p><p>Splitting up of assets has already begun with new filingsrevealingMelinda Gates getting stakes in four companies that were large holdings of Cascade Investments, the investment vehicle of Bill Gates.</p><p><b>AutoNation:</b>Afiling&nbsp;shows Melinda Gates owns 2.9 million shares of&nbsp;<b>AutoNation Inc.</b>&nbsp;, worth around $314 million at press time on Monday. Melinda now owns 3.7% of AutoNation, which is America’s largest and most recognized auto retailer. The companyreportedfirst-quarter earnings in April with an all-time record of $2.79 in adjusted earnings per share. Same-store revenue was up 27% year-over-year to $5.9 billion. The company ended the first quarter with 315 locations in 18 states. AutoNation shares hit a 52-week high last week. Shares are up 190% in the last year and up 119% in the last five years.</p><p><b>Canadian National Railway:</b>One of the largest transportation companies in the rail segment is&nbsp;<b>Canadian National Railway</b>&nbsp;. Melinda Gates now owns 14.1 million shares in CNI, making up for&nbsp;around 2% of the railway company, following&nbsp;a transfer from Cascade. Canadian National is the only transcontinental railway in North America and has a network of 19,600 miles in Canada and the United States. The company covers three coasts with the Atlantic, Pacific and Gulf of Mexico. Canadian Nationalreportedin-line revenue for its first quarter and is guiding for double-digit earnings per share growth. Canadian National is in the process of trying to combine with&nbsp;<b>Kansas City Southern</b>&nbsp;in a $33.7 billion deal that could strengthen the company’s presence in the U.S. Shares of Canadian National are up 39% over the past year and up 89% over the last five years.</p><p><b>Grupo Televisa:</b>Leading Spanish language media company&nbsp;<b>Grupo Televisa</b>&nbsp;is now a large share position for Melinda Gates. A stake valued at around $386 million in Grupo Televisa was given to Gates. Grupo Televisa reported adjusted revenue up 8% year-over-year in the recentquarter&nbsp;with growth in the Cable, Sky and the Content segments. The company’s flagship network has two times the average ratings to its closest competitor. Grupo Televisa reaches customers in over 70 countries with more than 27 brands. The company also owns a 36% stake in Univision. Shares of Grupo Televisa are up 163% in the last year and down 54% in the last five years.</p><p><b>Coca-Cola Femsa:</b>The&nbsp;largest&nbsp;franchisee of&nbsp;<b>Coca-Cola</b>&nbsp;in the world is&nbsp;<b>Coca-Cola Femsa</b>&nbsp;. Gates received around $120 million in KOF shares. Coca-Cola Femsa offers 129 brands in 10 countries covering a population of more than 260 million people. The company has 49 bottling plants and 268 distribution centers. Coca-Cola Femsa has over two million points of sale. Shares of KOF are up 22% in the last year and down 44% over the last five years.</p><p><b>What’s Next:</b>The new ownership stakes for Melinda Gates could be just the beginning of splitting up assets like stocks owned by Cascade Investments. The investment firm for Gates also has large positions in&nbsp;<b>Deere &amp; Co</b>&nbsp;,<b>Republic Services</b>&nbsp;,<b>Diageo</b>&nbsp;and<b>Ecolab</b>&nbsp;.</p><p>Cascade owns over 10% of Deere &amp; Co, a stake worth north of $12 billion. The stake in Republic Services is worth an estimated $11.8 billion.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Divorce Asset Split Starts: Melinda Gates Now Owns Stakes In These 4 Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDivorce Asset Split Starts: Melinda Gates Now Owns Stakes In These 4 Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 13:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/05/21041886/divorce-asset-split-starts-melinda-gates-now-owns-stakes-in-these-4-stocks><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The divorce between Microsoft Corporation co-founder Bill Gates and Melinda Gates is well-publicized. The event could lead to the splitting upof a fortune worth $140 billion, including stakes in ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/05/21041886/divorce-asset-split-starts-melinda-gates-now-owns-stakes-in-these-4-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRPFF":"Grupo Televisa S.A.","AN":"车之国公司","CNI":"加拿大国家铁路","KOF":"可口可乐凡萨瓶装"},"source_url":"https://www.benzinga.com/news/21/05/21041886/divorce-asset-split-starts-melinda-gates-now-owns-stakes-in-these-4-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175357283","content_text":"The divorce between Microsoft Corporation co-founder Bill Gates and Melinda Gates is well-publicized. The event could lead to the splitting upof a fortune worth $140 billion, including stakes in several publicly traded companies.Splitting up of assets has already begun with new filingsrevealingMelinda Gates getting stakes in four companies that were large holdings of Cascade Investments, the investment vehicle of Bill Gates.AutoNation:Afiling shows Melinda Gates owns 2.9 million shares of AutoNation Inc. , worth around $314 million at press time on Monday. Melinda now owns 3.7% of AutoNation, which is America’s largest and most recognized auto retailer. The companyreportedfirst-quarter earnings in April with an all-time record of $2.79 in adjusted earnings per share. Same-store revenue was up 27% year-over-year to $5.9 billion. The company ended the first quarter with 315 locations in 18 states. AutoNation shares hit a 52-week high last week. Shares are up 190% in the last year and up 119% in the last five years.Canadian National Railway:One of the largest transportation companies in the rail segment is Canadian National Railway . Melinda Gates now owns 14.1 million shares in CNI, making up for around 2% of the railway company, following a transfer from Cascade. Canadian National is the only transcontinental railway in North America and has a network of 19,600 miles in Canada and the United States. The company covers three coasts with the Atlantic, Pacific and Gulf of Mexico. Canadian Nationalreportedin-line revenue for its first quarter and is guiding for double-digit earnings per share growth. Canadian National is in the process of trying to combine with Kansas City Southern in a $33.7 billion deal that could strengthen the company’s presence in the U.S. Shares of Canadian National are up 39% over the past year and up 89% over the last five years.Grupo Televisa:Leading Spanish language media company Grupo Televisa is now a large share position for Melinda Gates. A stake valued at around $386 million in Grupo Televisa was given to Gates. Grupo Televisa reported adjusted revenue up 8% year-over-year in the recentquarter with growth in the Cable, Sky and the Content segments. The company’s flagship network has two times the average ratings to its closest competitor. Grupo Televisa reaches customers in over 70 countries with more than 27 brands. The company also owns a 36% stake in Univision. Shares of Grupo Televisa are up 163% in the last year and down 54% in the last five years.Coca-Cola Femsa:The largest franchisee of Coca-Cola in the world is Coca-Cola Femsa . Gates received around $120 million in KOF shares. Coca-Cola Femsa offers 129 brands in 10 countries covering a population of more than 260 million people. The company has 49 bottling plants and 268 distribution centers. Coca-Cola Femsa has over two million points of sale. Shares of KOF are up 22% in the last year and down 44% over the last five years.What’s Next:The new ownership stakes for Melinda Gates could be just the beginning of splitting up assets like stocks owned by Cascade Investments. The investment firm for Gates also has large positions in Deere & Co ,Republic Services ,Diageo andEcolab .Cascade owns over 10% of Deere & Co, a stake worth north of $12 billion. The stake in Republic Services is worth an estimated $11.8 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199511319,"gmtCreate":1620717073131,"gmtModify":1704347229080,"author":{"id":"3579917084592304","authorId":"3579917084592304","name":"1d8894ff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579917084592304","idStr":"3579917084592304"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199511319","repostId":"1175357283","repostType":4,"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":164913463,"gmtCreate":1624165112252,"gmtModify":1703829973820,"author":{"id":"3579917084592304","authorId":"3579917084592304","name":"1d8894ff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579917084592304","authorIdStr":"3579917084592304"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/164913463","repostId":"1175119628","repostType":4,"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162944631,"gmtCreate":1624032798523,"gmtModify":1703827281639,"author":{"id":"3579917084592304","authorId":"3579917084592304","name":"1d8894ff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579917084592304","authorIdStr":"3579917084592304"},"themes":[],"htmlText":"Publish","listText":"Publish","text":"Publish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162944631","repostId":"1135760972","repostType":4,"repost":{"id":"1135760972","pubTimestamp":1624026807,"share":"https://ttm.financial/m/news/1135760972?lang=&edition=fundamental","pubTime":"2021-06-18 22:33","market":"us","language":"en","title":"ME Stock: 14 Things for Investors to Know About 23andMe Following Its Nasdaq Debut","url":"https://stock-news.laohu8.com/highlight/detail?id=1135760972","media":"investorplace","summary":"23andMe(NASDAQ:ME) stock is on the move Friday after the company made its public debut on the Nasdaq","content":"<p><b>23andMe</b>(NASDAQ:<b><u>ME</u></b>) stock is on the move Friday after the company made its public debut on the&nbsp;<b>Nasdaq Exchange</b>&nbsp;yesterday.</p>\n<p>Here’s everything investorsneed to know about the company and it going public.</p>\n<ul>\n <li>To start off with, 23andMe didn’t use an initial public offering (IPO) for its debut.</li>\n <li>Instead, the company combined with special purpose acquisition company (SPAC)<b>VG Acquisition</b>.</li>\n <li>That SPAC merger closed on Wednesday, which saw shares of ME stock start trading publically on Thursday.</li>\n <li>The merger resulted in it raising $592 million in gross proceeds, which it plans to use in expanding its consumer health and therapeutics businesses.</li>\n <li>23andMe is keeping its current leadership team, but with some minor changes.</li>\n <li>That includes two executives from VG Acquisition joining the company’s Board of Directors.</li>\n <li>23andMe is a consumer genetics and research company.</li>\n</ul>\n<ul>\n <li>It was founded in 2006 and is headquartered in Sunnyvale, Calif.</li>\n <li>The goal of the company is to better help its customers understand their own genetic information.</li>\n <li>Its work has also resulted in several authorizations for genetic health risk reports from the U.S. Food and Drug Administration (FDA).</li>\n <li>The company uses its research into the human genome to develop drugs to treat a variety of diseases.</li>\n <li>That includes oncology, respiratory, and cardiovascular diseases.</li>\n <li>Trading for ME stock is starting off heavy today with some 1.1 million shares trading hands.</li>\n <li>That’s approaching its average daily trading volume of 1.2 million shares.</li>\n</ul>\n<p>ME stock was down 3.8% in early trading on Friday after surging higher during trading on Thursday.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ME Stock: 14 Things for Investors to Know About 23andMe Following Its Nasdaq Debut</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nME Stock: 14 Things for Investors to Know About 23andMe Following Its Nasdaq Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 22:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/me-stock-14-things-for-investors-to-know-about-23andme-following-its-nasdaq-debut/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>23andMe(NASDAQ:ME) stock is on the move Friday after the company made its public debut on the Nasdaq Exchange yesterday.\nHere’s everything investorsneed to know about the company and it going public.\n...</p>\n\n<a href=\"https://investorplace.com/2021/06/me-stock-14-things-for-investors-to-know-about-23andme-following-its-nasdaq-debut/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ME":"23andMe, Inc."},"source_url":"https://investorplace.com/2021/06/me-stock-14-things-for-investors-to-know-about-23andme-following-its-nasdaq-debut/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135760972","content_text":"23andMe(NASDAQ:ME) stock is on the move Friday after the company made its public debut on the Nasdaq Exchange yesterday.\nHere’s everything investorsneed to know about the company and it going public.\n\nTo start off with, 23andMe didn’t use an initial public offering (IPO) for its debut.\nInstead, the company combined with special purpose acquisition company (SPAC)VG Acquisition.\nThat SPAC merger closed on Wednesday, which saw shares of ME stock start trading publically on Thursday.\nThe merger resulted in it raising $592 million in gross proceeds, which it plans to use in expanding its consumer health and therapeutics businesses.\n23andMe is keeping its current leadership team, but with some minor changes.\nThat includes two executives from VG Acquisition joining the company’s Board of Directors.\n23andMe is a consumer genetics and research company.\n\n\nIt was founded in 2006 and is headquartered in Sunnyvale, Calif.\nThe goal of the company is to better help its customers understand their own genetic information.\nIts work has also resulted in several authorizations for genetic health risk reports from the U.S. Food and Drug Administration (FDA).\nThe company uses its research into the human genome to develop drugs to treat a variety of diseases.\nThat includes oncology, respiratory, and cardiovascular diseases.\nTrading for ME stock is starting off heavy today with some 1.1 million shares trading hands.\nThat’s approaching its average daily trading volume of 1.2 million shares.\n\nME stock was down 3.8% in early trading on Friday after surging higher during trading on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199518033,"gmtCreate":1620717135622,"gmtModify":1704347230064,"author":{"id":"3579917084592304","authorId":"3579917084592304","name":"1d8894ff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579917084592304","authorIdStr":"3579917084592304"},"themes":[],"htmlText":"Cool!!!","listText":"Cool!!!","text":"Cool!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199518033","repostId":"1175357283","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199511319,"gmtCreate":1620717073131,"gmtModify":1704347229080,"author":{"id":"3579917084592304","authorId":"3579917084592304","name":"1d8894ff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579917084592304","authorIdStr":"3579917084592304"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199511319","repostId":"1175357283","repostType":4,"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}