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0 0 0 0.0118941949227766 0.0118941949227766 0.00727853719154978 -0.000710101189419414 0.0189952068169713
Stock impact report

Ginkgo Bioworks Stock: Bull vs. Bear [Yahoo! Finance]

Ginkgo Bioworks Holdings, Inc. (DNA) 
Company Research Source: Yahoo! Finance
However, since its initial public offering in September 2021, the stock has plunged 95%. So far in 2024, Ginkgo's shares have fallen more than 60%. Can Ginkgo Bioworks stage a major comeback? Or is the stock likely to continue floundering? Two Motley Fool contributors make the bull and bear arguments for Ginkgo. Bull case: A growing number of programs and customers Adria Cimino Ginkgo Bioworks has built a cell engineering platform that's attracted a wide range of customers across industries. The company has seen the most growth, though, in the healthcare and food and agriculture businesses. In pharma and biotech, Ginkgo's number of active programs increased 20% in the first quarter from the year-earlier period. And in food and agriculture, the number climbed more than 50%. The company is working with some of these industries' biggest names, from Pfizer to Syngenta. Pfizer, for example, is using Gingko's platform for the discovery of mRNA molecules across its key research areas Show less Read more
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