Why Shares of Ginkgo Bioworks Are Rising Today
Days after trading under its new ticker after completing its SPAC merger with Soaring Eagle Acquisition, Ginkgo Bioworks (NYSE:DNA) is rising higher today, having climbed 5.8% at 11:12 a.m. EDT.
While some investors, recognizing a cheaper price tag, may have hit the buy button following the stock's 7.8% decline yesterday, others may have been more moved to act after a Wall Street analyst offered a bullish take on the stock.
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Source Fool.com