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Stock impact report

We're Not Worried About Arcellx's (NASDAQ:ACLX) Cash Burn [Yahoo! Finance]

Arcellx, Inc. (ACLX) 
Company Research Source: Yahoo! Finance
listing, if you had bought and held the shares since 1999, you would have made a fortune. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So, the natural question for Arcellx NASDAQ:ACLX ) shareholders is whether they should be concerned by its rate of cash burn. For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway. Check out our latest analysis for Arcellx When Might Arcellx Run Out Of Money? A cash runway is defined as the length of time it would take a company to run out of mon Read more
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