23andme Stock Symbol and Discounted Investment Opportunities

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Close-Up Shot of a Person Holding a Test Tube
Credit: pexels.com, Close-Up Shot of a Person Holding a Test Tube

23andMe's stock symbol is LDNG, which is listed on the Nasdaq stock exchange.

The company went public in 2020, raising over $3.5 billion in its initial public offering.

As a publicly traded company, 23andMe's financial performance is now more transparent, making it easier for investors to make informed decisions about investing in the company.

Company Overview

23andMe is a biotechnology company that offers direct-to-consumer genetic testing.

The company was founded in 2006 by Linda Avey, Paul Cusenza, and Anne Wojcicki.

23andMe has a strong focus on empowering individuals with their genetic information to take control of their health.

The company's headquarters is located in Mountain View, California.

23andMe has developed a number of innovative genetic testing products, including the Health + Ancestry test, which provides users with information about their genetic health risks, ancestry composition, and carrier status for certain genetic disorders.

In 2015, 23andMe received FDA clearance for its Personal Genome Service (PGS) for BRCA1 and BRCA2 genetic mutations, which are associated with an increased risk of breast and ovarian cancer.

See what others are reading: Cardinal Health Stock Symbol

Billionaires Buying Discounted Stocks; Should You Follow?

Credit: youtube.com, 23andMe to go public on NASDAQ under ticker symbol 'Me'

Billionaires are buying discounted 23andMe stock, and it's worth taking a closer look. Several well-regarded funds run by famous billionaire investors bought shares of 23andMe during the last three months of 2023.

These investors are known for their savvy financial decisions, so it's natural to wonder if they're onto something. They're putting their money where their mouths are, and that's a good sign.

The fact that these funds are buying up 23andMe stock during a time when the company's shares are beaten down suggests they believe the stock has potential for growth.

For your interest: American Funds Stock Symbol

Frequently Asked Questions

Is 23andMe a good stock buy?

Based on current analyst ratings, 23andMe has a consensus rating of "Reduce" with an average score of 1.50, indicating a potential sell or hold. If you're considering investing in 23andMe, it's worth exploring the reasons behind this rating and recent market trends.

How to purchase 23andMe stock?

To buy 23andMe stock, sign up for a Robinhood brokerage account and start trading commission-free. Note that additional fees may apply, so review Robinhood's fee schedule for more information.

What is the peak price of 23andMe stock?

The peak price of 23andMe stock was $17.65, reached on February 04, 2021. This is a significant milestone in the company's stock history.

Will 23andMe stock go up?

According to current market trends, 23andMe stock is expected to rise by 38.74% in the next 3 months with a 90% probability. Check the forecasted price range for more details.

George Murphy

Senior Assigning Editor

George Murphy serves as a seasoned Assigning Editor, overseeing a wide range of financial articles. His expertise lies in high-frequency trading strategies, where he provides in-depth analysis and insights to his readers. Under his guidance, the publication has garnered recognition for its authoritative and forward-looking coverage in the financial sector.

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