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home / news releases / DNA - Ginkgo Bioworks: Losing A Major Supporter

DNA - Ginkgo Bioworks: Losing A Major Supporter

Ginkgo Bioworks Holdings Inc. Class A

2024-06-25 13:56:47 ET

Summary

  • Cathie Wood and Ark Invest have started selling Ginkgo shares, adding to recent selling pressure.
  • Ginkgo revenue estimates have dropped further after the latest guidance cut from management.
  • Despite the falling stock price, Ginkgo still faces bleak growth prospects, high valuation, and the potential for a reverse split announcement.

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For further details see:

Ginkgo Bioworks: Losing A Major Supporter
Stock Information
Company Name: Ginkgo Bioworks Holdings Inc. Class A
Stock Symbol: DNA
Market: NYSE
Website: ginkgobioworks.com
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