The Latest Breaking News from DNA

The biotech sector is witnessing the headwinds from the banking crisis, layoffs, and the Inflation Reduction Act. So, fundamentally weak biotech stocks Ginkgo Bioworks Holdings (DNA) and Novavax (NVAX) might be best avoided. Read on.

The 'meet and greet' element of the night at Cargo has now been cancelled

Following the strong labor market report, the Federal Reserve will likely keep the interest rate hikes going. Moreover, the increasing gap between 2 and 10-year treasury notes indicates a potential recession might be on the horizon. Hence it should be best to avoid ultra-popular stocks Ginkgo Bioworks (DNA), Affirm (AFRM),…

With the Fed signaling to keep raising interest rates in 2023 and other unfavorable economic reports, recession odds are rising. Amid ongoing market uncertainties, it could be wise to stay away from fundamentally weak stocks Lucid (LCID), Ginkgo Bioworks (DNA), and Bed Bath & Beyond (BBBY), which are rated Strong…

Amid major macroeconomic headwinds, consumer confidence declined to its lowest since July. In addition, the bear market rally is likely to continue into next year. Hence, fundamentally weak stocks SoFi Technologies (SOFI), Ginkgo Bioworks (DNA), Opendoor Technologies (OPEN), and Camber Energy (CEI), which have been slumping in price, might be…

The biotech industry is increasingly gaining prominence due to the growing prevalence of chronic disease and advancements in drug discovery and development. Given the industry’s solid growth prospects, it could be wise to buy quality biotech stocks, Gilead Sciences (GILD), Vertex Pharmaceuticals (VRTX), and United Therapeutics (UTHR). However, we think…

The biotech industry strengthened over the pandemic by drug and vaccine development initiatives to combat COVID-19. Moreover, significant government investments should bode well for this industry. Therefore, quality biotech stocks Amgen (AMGN) and Gilead Sciences (GILD) could be ideal buys in November. However, fundamentally weak stock Ginkgo Bioworks (DNA) might…

Although inflation is showing signs of cooling, it's still far from the Fed’s target, and the rate hikes shall continue. As the global economic outlook worsens, we believe fundamentally weak stocks Ginkgo Bioworks (DNA), Affirm Holdings (AFRM), and WeWork (WE), which are F-rated in our proprietary rating system, might be…

The boys performed at Manchester's AO Arena last night as part of their DNA World Tour

It feels like many moons ago now, but I can still remember that feeling of sheer joy, excitement and hope when walking off the stage with a scroll in my hand at the end of my Degree Graduation. Sadly, memories of the night out that followed are long

Amid the macroeconomic issues and rampant volatility in the market, investor sentiment toward biotech stocks is declining. Many companies in this space are planning layoffs to reduce expenses. Amid the grim backdrop, we think investors should drop fundamentally weak biotech stocks Ginkgo Bioworks Holdings (DNA) and Immunic (IMUX) from their…