23andMe shares begin trading on Nasdaq after SPAC merger

42
12
Favorite

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 ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（12）

Eelheis
·2021-06-18
?
Reply
Like
Report
CaptainMiya
·2021-06-18
[Strong] [Strong]
Reply
3
Report
Munching
·2021-06-18
Up
Reply
Like
Report
Mysteree
·2021-06-18
Oooo[Cool]
Reply
1
Report
Jameschia
·2021-06-18
Omg
Reply
1
Report
soybeans
·2021-06-18
Hahahaha
Reply
Like
Report
Nanzheng
·2021-06-18
good stuff
Reply
Like
Report
geksuan
·2021-06-17
[疑問] [疑問]
Reply
Like
Report
cin23
·2021-06-17
Nice
Reply
1
Report
Fold Replies
- ip:
  like
  2021-06-18
  Reply
  Report
Scam
·2021-06-17
Iron skem
Reply
3
Report
Fold Replies
- Scam:
  GG
  2021-06-17
  Reply
  Report
M27
·2021-06-17
What a name
Reply
3
Report
Fold Replies
- Yt64:
  Haha
  2021-06-17
  Reply
  Report
gengar23
·2021-06-17
Like
Reply
3
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2144448277?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-17 22:08","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2144448277","market":"us","top_or_hot":-1,"title":"23andMe shares begin trading on Nasdaq after SPAC merger","media":"Yahoo Finance","content":"<div>\n<p>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 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","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>23andMe shares begin trading on Nasdaq after SPAC merger</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\">\n23andMe shares begin trading on Nasdaq after SPAC merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TQQQ","symbol_name":"纳指三倍做多ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/23-and-me-shares-begin-trading-on-nasdaq-after-spac-merger-133357802.html","article_id":"2144448277","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2144448277","pubTimestamp":1623938937,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Shares of 23andMe (ME) rose about 1% to trade just over $11 per share in their trading debut on the ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","NDAQ":"纳斯达克OMX交易所","ME":"23andMe, Inc.","QID":"纳指两倍做空ETF","PSQ":"纳指反向ETF","QQQ":"纳指100ETF","QLD":"纳指两倍做多ETF"},"translate_title":"23andMe的股票在SPAC合并后开始在纳斯达克交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":0.9,"NQmain":0.9,"ME":0.9,"NDAQ":0.9,"PSQ":0.9,"QID":0.9,"QLD":0.9,"QQQ":0.9,"SQQQ":0.9,"TQQQ":0.9,"MEUSW":0.6},"content_text":"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 SPAC deal.\nThe public debut comes after 23andMe and the special purpose acquisition company (SPAC) VG Acquisition Corp. announced a merger in February. The deal valued 23andMe's outstanding shares of capital stock at $3.5 billion. The vast majority of shareholders of VG Acquisition Corp., which was founded by Virgin Galactic's Richard Branson, voted in favor of the merger agreement in a meeting June 10, and the deal closed on Wednesday.\nSunnyvale, Calif.-based 23andMe said it planned to use capital garnered from the transaction toward additional investments to grow its consumer health and therapeutics operations. The company makes virtually all of its revenue from its consumer research and services business, which includes sales of its flagship direct-to-consumer ancestry and genetic testing kits.\nThe company saw growth slow down in its most recent full fiscal year, however, and posted revenue of $305.5 million during the fiscal year ended March 31, 2020, for a drop of 31% compared to the $440.9 million delivered over the same period ending in March 2019. Revenue was $155.3 million for the nine months ended December 31, 2020. 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. For private companies, a SPAC deal can expedite a go-public timeline and help circumvent many of the fees associated with working with investment banks in a traditional initial public offering.\nThe SPAC merger rose in prominence in 2020, with 248 issuances raising a total of $83.4 billion last year, according to SPAC Research data. So far in 2021, 343 deals have raised a $107.3 billion, setting a new annual record in the first half of the year alone.\nHowever, many of these deals took place in the first quarter of 2021, with issuances slowing after March following increased regulatory scrutiny and potential accounting changes for SPAC warrants from the U.S. Securities and Exchanged Commission. Others, including famed billionaire investor Warren Buffett, have issued harsh criticisms of SPACs, in part for their tendency to take speculative companies public.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":166648723,"gmtCreate":1624008315662,"gmtModify":1703826428636,"author":{"id":"3586257880212732","authorId":"3586257880212732","name":"Eelheis","avatar":"https://static.tigerbbs.com/377a44bd36e37057b0a3ea65ec21afba","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586257880212732","idStr":"3586257880212732"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166648723","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168831660,"gmtCreate":1623970539950,"gmtModify":1703824807409,"author":{"id":"3583738006388208","authorId":"3583738006388208","name":"CaptainMiya","avatar":"https://static.tigerbbs.com/48b66794427d9d57f06bb85d96e46757","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3583738006388208","idStr":"3583738006388208"},"htmlText":"[Strong]&nbsp;[Strong]&nbsp;","listText":"[Strong]&nbsp;[Strong]&nbsp;","text":"[Strong] [Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168831660","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168176364,"gmtCreate":1623969150758,"gmtModify":1703824766488,"author":{"id":"3585889470457472","authorId":"3585889470457472","name":"Munching","avatar":"https://static.tigerbbs.com/7994afc48f9078fd5f5d157fbe40ab8d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3585889470457472","idStr":"3585889470457472"},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168176364","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168956333,"gmtCreate":1623947695722,"gmtModify":1703824468544,"author":{"id":"3576482234121194","authorId":"3576482234121194","name":"Mysteree","avatar":"https://static.tigerbbs.com/da9008d1d7345327374286376a026c5a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3576482234121194","idStr":"3576482234121194"},"htmlText":"Oooo[Cool]&nbsp;","listText":"Oooo[Cool]&nbsp;","text":"Oooo[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168956333","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168913709,"gmtCreate":1623946493701,"gmtModify":1703824410246,"author":{"id":"3580912609173112","authorId":"3580912609173112","name":"Jameschia","avatar":"https://static.tigerbbs.com/dfcf35e99750b7debac77e42f75e8b0d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580912609173112","idStr":"3580912609173112"},"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168913709","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168996505,"gmtCreate":1623946136007,"gmtModify":1703824384308,"author":{"id":"3579857427606142","authorId":"3579857427606142","name":"soybeans","avatar":"https://static.tigerbbs.com/c052dba69876e2fe6510af8195f464f3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579857427606142","idStr":"3579857427606142"},"htmlText":"Hahahaha","listText":"Hahahaha","text":"Hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168996505","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168990810,"gmtCreate":1623946058130,"gmtModify":1703824376480,"author":{"id":"3568448901098387","authorId":"3568448901098387","name":"Nanzheng","avatar":"https://static.tigerbbs.com/1765393aa929f37923e609be5b1a0a65","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3568448901098387","idStr":"3568448901098387"},"htmlText":"good stuff","listText":"good stuff","text":"good stuff","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168990810","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":168030909,"gmtCreate":1623943099701,"gmtModify":1703824252285,"author":{"id":"3576530794209131","authorId":"3576530794209131","name":"geksuan","avatar":"https://static.tigerbbs.com/2dbc23af10a4786ad6316ee740978817","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576530794209131","idStr":"3576530794209131"},"htmlText":"[疑問]&nbsp;[疑問]&nbsp;","listText":"[疑問]&nbsp;[疑問]&nbsp;","text":"[疑問] [疑問]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168030909","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":168002402,"gmtCreate":1623942643806,"gmtModify":1703824233679,"author":{"id":"3570601200840729","authorId":"3570601200840729","name":"cin23","avatar":"https://static.tigerbbs.com/cd083164b4bd916ab79760574c310e0e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3570601200840729","idStr":"3570601200840729"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/168002402","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4844537,"gmtCreate":1623946196114,"gmtModify":1663229182439,"authorId":3567982092970615,"author":{"id":3567982092970615,"idStr":"3567982092970615","authorId":3567982092970615,"name":"ip","avatar":"https://static.tigerbbs.com/2fa559a3d0ff30d64cc5f137f97a16c4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":168002402,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":161786097,"gmtCreate":1623940697719,"gmtModify":1703824147168,"author":{"id":"3583032727743539","authorId":"3583032727743539","name":"Scam","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3583032727743539","idStr":"3583032727743539"},"htmlText":"Iron skem","listText":"Iron skem","text":"Iron skem","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161786097","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4842211,"gmtCreate":1623940713866,"gmtModify":1663229169053,"authorId":3583032727743539,"author":{"id":3583032727743539,"idStr":"3583032727743539","authorId":3583032727743539,"name":"Scam","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":161786097,"type":1,"supId":0,"prevId":0,"content":"GG","text":"GG","html":"GG"}],"langContent":"EN"},{"id":161793096,"gmtCreate":1623939842715,"gmtModify":1703824100249,"author":{"id":"3574801751312652","authorId":"3574801751312652","name":"M27","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574801751312652","idStr":"3574801751312652"},"htmlText":"What a name&nbsp;","listText":"What a name&nbsp;","text":"What a name","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161793096","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4841960,"gmtCreate":1623940077510,"gmtModify":1663229170450,"authorId":3584416898370318,"author":{"id":3584416898370318,"idStr":"3584416898370318","authorId":3584416898370318,"name":"Yt64","avatar":"https://static.tigerbbs.com/9824cc246c21cbb20e1583ad744abef8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":161793096,"type":1,"supId":0,"prevId":0,"content":"Haha","text":"Haha","html":"Haha"}],"langContent":"EN"},{"id":161704486,"gmtCreate":1623939726745,"gmtModify":1703824095965,"author":{"id":"3586770489765932","authorId":"3586770489765932","name":"gengar23","avatar":"https://community-static.tradeup.com/news/ac8363fe6c96d510f3de5a3910eb88ec","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3586770489765932","idStr":"3586770489765932"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161704486","repostId":2144448277,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":42,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}