Loading...
Market
How will 23andMe's stock price perform relative to its competitors by December 31, 2024?
2
Resolution / Starting Odds
Outperforms competitors • 25%
Matches competitors • 25%
Underperforms competitors • 25%
Significantly underperforms competitors • 25%
Stock price data from financial markets
Story
All Seven 23andMe Independent Directors Resign Over CEO's Privatization Plan
Sep 18, 2024, 02:45 PM
All seven independent directors of 23andMe have resigned from the company's board, citing a lack of progress on CEO Anne Wojcicki's proposal to take the company private. The directors expressed disappointment over Wojcicki's failure to provide an actionable proposal after five months of delays. This mass resignation follows an incomplete buyout offer that was rejected in August. Wojcicki has stated she is still committed to the privatization plan and expressed surprise and disappointment at the board's decision. The resignations come amid other challenges for 23andMe, including a recent $30 million settlement for a genetic privacy lawsuit and a significant drop in the company's stock price.
View original story
Similar markets
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Below $0.50 • 25%
$0.50 - $0.99 • 25%
$1.00 - $1.49 • 25%
$1.50 and above • 25%
Stock increases by 10% or more • 25%
Stock remains within +/- 10% • 25%
Stock decreases by 10% or more • 25%
Stock remains volatile with no clear trend • 25%
Outperforms NASDAQ • 25%
Performs on par with NASDAQ • 25%
Underperforms NASDAQ • 25%
Delisted from NASDAQ • 25%
Above 50% increase • 25%
10% to 50% increase • 25%
0% to 10% increase • 25%
Decrease • 25%
Less than $1 • 25%
$1 to $2 • 25%
$2 to $3 • 25%
More than $3 • 25%
Higher than competitors • 25%
On par with competitors • 25%
Lower than competitors • 25%
Significantly lower than competitors • 25%
Successful privatization • 25%
Abandoned privatization plan • 25%
Privatization plan still in progress • 25%
Other outcome • 25%