Singapore markets close in 5 hours 20 minutes
  • Straits Times Index

    3,279.97
    -0.07 (-0.00%)
     
  • Nikkei

    27,744.84
    -512.41 (-1.81%)
     
  • Hang Seng

    24,175.67
    +62.89 (+0.26%)
     
  • FTSE 100

    7,563.55
    -47.68 (-0.63%)
     
  • BTC-USD

    42,096.67
    -88.87 (-0.21%)
     
  • CMC Crypto 200

    1,001.94
    -7.45 (-0.74%)
     
  • S&P 500

    4,577.11
    -85.74 (-1.84%)
     
  • Dow

    35,368.47
    -543.34 (-1.51%)
     
  • Nasdaq

    14,506.90
    -386.86 (-2.60%)
     
  • Gold

    1,809.70
    -2.70 (-0.15%)
     
  • Crude Oil

    86.58
    +1.15 (+1.35%)
     
  • 10-Yr Bond

    1.8650
    +0.0930 (+5.25%)
     
  • FTSE Bursa Malaysia

    1,529.07
    -13.85 (-0.90%)
     
  • Jakarta Composite Index

    6,601.04
    -13.02 (-0.20%)
     
  • PSE Index

    7,294.72
    -49.24 (-0.67%)
     

Why Shares of Amyris Are Getting Crushed Today

·2-min read
Why Shares of Amyris Are Getting Crushed Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Failing to deliver on both the top and bottom lines, synthetic-biology specialist Amyris (NASDAQ: AMRS) reported disappointing third-quarter 2021 earnings results yesterday after the market closed. In addition, investors are selling shares after learning that the company is raising capital through the issuance of senior convertible notes. Although the company reported a year-over-year sales increase of 39.7%, it didn't seem to be enough to satisfy investors' appetites.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting