Why 23andMe Stock Jumped Higher on Monday

·2 min read

Shares of genetic data healthcare company 23andMe (NASDAQ: ME) jumped higher on Monday morning, as did many other beaten-down stocks. It seems the market is willing to take a bet on this stock before the company reports financial results today after the market closes. 23andMe is scheduled to report financial results for the first quarter of its fiscal 2023 today after the market closes, followed by a conference call at 4:30 p.m. ET.