Ginkgo Bioworks shares are trading higher after the company announced it was awarded a research contract from IARPA for the Biointelligence and Biosecurity for the Intelligence Community program.
Portfolio Pulse from Benzinga Newsdesk
Ginkgo Bioworks has been awarded a research contract from IARPA for the Biointelligence and Biosecurity for the Intelligence Community program. This has led to an increase in the company's share price.
July 13, 2023 | 2:21 pm
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Ginkgo Bioworks' stock price is rising following the announcement of a research contract from IARPA.
The announcement of a new research contract is a positive development for Ginkgo Bioworks. This could lead to increased revenues and profitability in the future, which is likely why the stock price has increased.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100