10x Genomics Already 5% Down, Almost Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than hour and 10x Genomics‘s pre-market value is already 5.22% down.

10x Genomics’s last close was $37.37, 41.21% below its 52-week high of $63.57.

The last session, NASDAQ ended with 10x Genomics (TXG) jumping 2.38% to $37.37. NASDAQ rose 0.32% to $16,306.64, after three consecutive sessions in a row of gains, on what was a somewhat bullish trend exchanging session.

About 10x Genomics

10x Genomics, Inc., a life science technology company, develops and sells instruments, consumables, and software for analyzing biological systems in the America, Europe, the Middle East, Africa, China, and the Asia Pacific. The company provides chromium, chromium connect, and chromium controller instruments, microfluidic chips, slides, reagents, and other consumables products. Its single cell solutions runs on its chromium instruments, which include single cell gene expression for measuring gene activity and networks on a cell-by-cell basis; single cell gene expression flex; single cell immune profiling used to study the immune system; single cell Assay for Transposase Accessible Chromati (ATAC) solution to understand the epigenetic state; and single cell multiome ATAC + gene expression which enables simultaneous interrogation of both the RNA and chromatin accessibility, using ATAC in a single cell. The company also provides Visium platform which enables researchers to understand the spatial positions of biological analytes within tissues at high resolution; and Xenium platform for in situ analysis. It serves various academic, government, biopharmaceutical, biotechnology, and other institutions. The company was formerly known as 10X Technologies, Inc. and changed its name to 10x Genomics, Inc. in November 2014. 10x Genomics, Inc. was incorporated in 2012 and is headquartered in Pleasanton, California.

Earnings Per Share

As for profitability, 10x Genomics has a trailing twelve months EPS of $-2.18.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -32.98%.

More news about 10x Genomics (TXG).

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