23andMe shares begin trading on Nasdaq after SPAC merger

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23andMe shares begin trading on Nasdaq after SPAC merger

Yahoo Finance2021-06-17

Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the Nasdaq as the consumer genetic testing company became one of the latest companies to go public via ...

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Eelheis
·2021-06-18
?
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CaptainMiya
·2021-06-18
[Strong] [Strong]
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3
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Munching
·2021-06-18
Up
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Mysteree
·2021-06-18
Oooo[Cool]
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Jameschia
·2021-06-18
Omg
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soybeans
·2021-06-18
Hahahaha
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Nanzheng
·2021-06-18
good stuff
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geksuan
·2021-06-17
[疑問] [疑問]
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cin23
·2021-06-17
Nice
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- ip:
  like
  2021-06-18
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Scam
·2021-06-17
Iron skem
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- Scam:
  GG
  2021-06-17
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M27
·2021-06-17
What a name
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- Yt64:
  Haha
  2021-06-17
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gengar23
·2021-06-17
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As of late January, the company had 83,400 subscribers to 23andMe+, a subscription service the company launched last October to provide members with additional genetic testing reports.\nAnd like many newly public companies, 23andMe continues to post losses. Net losses totaled $250.9 million during the year ended March 31, 2020, widening compared to losses of $183.5 million a year earlier. The company added in a filing it \"expects to continue to incur significant expenses and operating losses for the foreseeable future\" as it expands its therapeutic research and development and builds out its products and services.\n23andMe joins a bevy of other companies opting to go public via a merger with a blank-check company, or vehicle that raises funds to acquire and then bring a private company public. Other companies including electric-vehicle maker Nikola (NKLA), space exploration firm Virgin Galactic (SPCE) and personal finance company Sofi Technologies (SOFI) each went public via SPAC. 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