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The latest update is out from 23andMe Holding ( (MEHCQ) ).
On March 23, 2025, Chrome Holding Co., formerly known as 23andMe Holding Co., filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Missouri. The company has been operating under debtor-in-possession status, and as of October 1, 2025, it submitted its monthly operating report for the period ending August 31, 2025. The report, which is available online, is part of the company’s compliance with court requirements during the bankruptcy process. Investors are cautioned about the speculative nature of trading the company’s common stock during these proceedings, as the trading prices may not reflect the actual recovery value. The report is unaudited, not prepared according to GAAP, and subject to future adjustments, thus should not be relied upon 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: 69,396
Technical Sentiment Signal: Sell
Current Market Cap: $106.9M
For an in-depth examination of MEHCQ stock, go to TipRanks’ Overview page.