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home / news releases / ZY - Why Shares of Zymergen Plunged 62% in August


ZY - Why Shares of Zymergen Plunged 62% in August

It wasn't only beachgoers who forgot to apply the sunscreen that were complaining about being burned last month. Investors in Zymergen (NASDAQ: ZY) , a synthetic-biology specialist, also felt scorched after the stock plummeted 62%, according to data provided by S&P Global Market Intelligence .

Early in August, management provided some disappointing business updates, and a wave of bearish sentiment from Wall Street throughout the month didn't help matters.

Image source: Getty Images.

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Why Shares of Zymergen Plunged 62% in August
Stock Information

Company Name: Zymergen Inc.
Stock Symbol: ZY
Market: NASDAQ
Website: zymergen.com

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