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RE: LeoThread 2024-11-13 03:36

Shares of 23andMe closed up 2% on Tuesday. They've slumped about 75% this year after losing more than half their value in 2023, pushing the company's market cap toward $100 million.

Wojcicki, who co-founded 23andMe in 2006, has been working to keep the company afloat after it faced the risk of being delisted from the Nasdaq. Shares were hovering below $1 until 23andMe announced a 1-for-20 reverse stock split in October.