TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from 23andMe Holding ( (MEHCQ) ).
Chrome Holding Co., formerly known as 23andMe Holding Co., filed for Chapter 11 bankruptcy on March 23, 2025, in the Eastern District of Missouri. The company has been managing its operations as a debtor in possession and has filed a monthly operating report for the period ending September 30, 2025. The report, which is unaudited and not prepared in accordance with GAAP, is available online for review. The company cautions investors about the speculative nature of trading its common stock during the bankruptcy proceedings and advises against relying on the monthly report for investment decisions.
Spark’s Take on MEHCQ Stock
According to Spark, TipRanks’ AI Analyst, MEHCQ is a Neutral.
23andMe Holding’s overall stock performance is weak, primarily due to significant financial challenges, including declining revenues and persistent net losses. The technical analysis also suggests a bearish trend with no strong momentum to reverse it. The negative valuation metrics further highlight the company’s struggles with profitability. Improvements in financial performance and strategic adjustments to reverse negative trends are critical for enhancing investor confidence.
To see Spark’s full report on MEHCQ stock, click here.
More about 23andMe Holding
Average Trading Volume: 67,265
Technical Sentiment Signal: Sell
Current Market Cap: $86.47M
See more data about MEHCQ stock on TipRanks’ Stock Analysis page.