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2021-06-18

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

23andMe(NASDAQ:ME) stock is on the move Friday after the company made its public debut on the Nasdaq

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

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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":274,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}