The latest update is out from 23andMe Holding ( (ME) ).
Seven non-employee directors of 23andMe Holding Co. abruptly resigned from their positions due to disagreements with CEO Anne Wojcicki over the strategic direction of the company. They felt that stepping down was in the best interest of the stockholders, given Wojcicki’s significant voting power. The company has publicly acknowledged these departures and shared the directors’ resignation letter for transparency.
For a thorough assessment of ME stock, go to TipRanks’ Stock Analysis page.
