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An update from 23andMe Holding ( (ME) ) is now available.
23andMe Holding Co. has executed a 1-for-20 reverse stock split, approved by two-thirds of its stockholders, to consolidate its Class A and B common shares, enhancing share value and market appeal. Effective October 16, 2024, this move is part of a strategic adjustment to comply with Nasdaq requirements and reflects changes in the company’s Incentive Equity and Employee Stock Purchase Plans. Trading on Nasdaq will continue under the symbol ‘ME’, with adjusted stock quantities and prices.
For an in-depth examination of ME stock, go to TipRanks’ Stock Analysis page.
