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Who owns Butterfly Network Inc?
Its products include iQ+ Ultrasound, Butterfly Enterprise and iQ Vet. The company was founded by Jonathan M. Rothberg on January 25, 2011 and is headquartered in Burlington, MA. BFLY | Complete Butterfly Network Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.What is the valuation of butterfly network stock?
Entities like the Bill & Melinda Gates Foundation, Fidelity Investments and Shanghai Fosun Pharmaceutical (OtherOTC: SFOSF) have opted to invest in Butterfly Network stock. The valuation is at about $1.3 billion.Why did butterfly network stock fall 20%?
Butterfly Network ( NYSE: BFLY) stock fell ~20% on Thursday after Q3 revenue missed estimates and the company cut its FY22 outlook. Net loss and comprehensive loss widened to -$54.74M, compared to -$13.56M in Q3 2021. Total revenue grew +34.2% Y/Y to $19.62M, but missed estimates ( Consensus Revenue Estimates from 2 analysts was $21.40M).