Why Ginkgo Bioworks Holdings Stock Raced 9% Higher Today [Yahoo! Finance]
Ginkgo Bioworks Holdings, Inc. (DNA)
Company Research
Source: Yahoo! Finance
Those folks commensurately rewarded the company by trading up its stock during that day's session, and it closed more than 9% higher in price. That was more than enough to crush the broader market that day, at least in respect to the stagnating S&P 500 index. Two new products introduced Ginkgo's news was connected with its efforts in the artificial intelligence (AI) sphere. While that technology isn't as hot as it was for investors several months ago, there is still much interest in its power and potential. The company unveiled two new products on Tuesday linked to AI. The first is a protein large language model (LLM) it developed with its tech industry partner Alphabet 's Google Cloud Consulting unit. According to the biotech, this LLM " will give individual researchers and enterprise companies the ability to develop medicines with insights from Ginkgo's private data The company also rolled out its model application programming interface (API; a piece of software that allows
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News
- Pomerantz LLP Announces that this is a Reminder of a Proposed Class Action Settlement on Behalf of Purchasers of Ginkgo Bioworks Holdings, Inc. Common Stock - DNAGlobeNewswire
- Ginkgo Bioworks Launches Ginkgo Datapoints to Transform AI Model Training in Biology [Yahoo! Finance]Yahoo! Finance
- Ginkgo Bioworks Launches Ginkgo Datapoints to Transform AI Model Training in BiologyPR Newswire
- Ginkgo Bioworks Launches New Protein LLM and Model API Built on Google Cloud Technology [Yahoo! Finance]Yahoo! Finance
- Exclusive: Google Cloud & Ginkgo Bioworks Partner To Launch New Protein LLM and API [Forbes]Forbes
DNA
Earnings
- 8/8/24 - Miss
DNA
Sec Filings
- 9/19/24 - Form 144
- 9/18/24 - Form 144
- 9/17/24 - Form 144
- DNA's page on the SEC website