Is 23andMe holding a good stock to buy?

With a market capitalization of US$1.3b, 23andMe Holding is a decent size, so it is probably on the radar of institutional investors. In the chart below, we can see that institutions are noticeable on the share registry. Let's take a closer look to see what the different types of shareholders can tell us about 23andMe Holding.

What happened to 23andMe stock?

Shares of 23andMe Holding (NASDAQ: ME) stock slipped in Friday morning trading after the genetic data miner announced that it will spend $400 million to acquire on-demand online medical care and pharmacy services platform Lemonaid Health (not to be confused with Lemonade (NYSE: LMND), the insurance provider).

Is 23andMe Holding Co - Class A stock a good investment?

According to our live Forecast System, 23andMe Holding Co - Class A stock is a bad long-term (1-year) investment*. "ME" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about "ME" projections.