Republican U.S. Senator Asks 23andME CEO For Details After Reported Data For Sale Online
Portfolio Pulse from Benzinga Newsdesk
A Republican U.S. Senator has requested details from the CEO of 23andMe following reports of the company's data being sold online.
October 20, 2023 | 5:48 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
23andMe, listed as ME, is under scrutiny following reports of its data being sold online. This could potentially harm the company's reputation and stock price.
The news of 23andMe's data being sold online could potentially harm the company's reputation, leading to a decrease in customer trust and potentially impacting the company's stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
The SPY ETF, which tracks the S&P 500, may be indirectly affected by the news due to 23andMe's presence in the index.
While the SPY ETF may be indirectly affected by the news due to 23andMe's presence in the S&P 500, the impact is likely to be minimal given the diversified nature of the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50