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0.00127388535031844 -0.00254777070063689 -0.00366878980891713 -0.00955414012738856 0.00382165605095545 0.00636942675159233 -0.00636942675159233 -0.00891719745222934
Stock impact report

Ginkgo Bioworks: Scaling Science, Not Revenue [Seeking Alpha]

Ginkgo Bioworks Holdings, Inc. (DNA) 
Company Research Source: Seeking Alpha
Newer products and services have done little to change this situation, and it's unclear if or when a return to growth will occur. DNA's cost-cutting efforts have significantly reduced cash burn, but without meaningful growth, the company is unlikely to reach breakeven. The combination of weak growth, elevated cash burn, and dilution from SBC is likely to further pressure Ginkgo's stock. bymuratdeniz/iStock via Getty Images Ginkgo Bioworks Holdings, Inc.'s ( DNA ) business remained steady in the third quarter, and guidance suggests this situation will persist until at least the end of the year. While cost-cutting efforts are helping to reduce Ginkgo's cash burn, the company needs to return This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not rec Show less Read more
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