23andMe stock plunges following bankruptcy, CEO exit

From Yahoo Finance: 2025-03-24 16:35:00

DNA testing company 23andMe’s stock plunged 59% after filing for bankruptcy and CEO Anne Wojcicki’s exit. The board rejected her acquisition offer, leading to her resignation. The company, known for a data privacy breach, settled a class action lawsuit for $30 million. California AG urged customers to remove genetic data from 23andMe’s systems.

Read more: 23andMe stock plunges following bankruptcy, CEO exit