Bionano Genomics Stock DOWN 40% in 6 months! BNGO Stock Analysis
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 Published On Sep 9, 2021

Bionano Genomics Stock has dropped nearly 40% in 6 months! Should you buy BNGO stock now? If you have any comments or questions with my BNGO stock analysis and chart analysis, drop me a comment down below!

Key Points:
- Bionano Genomics stock is seeing a period of consolidation, with little news coming out from the stock. However, a lot of the recent news emphasizes the importance of the Saphyr system, and for good reason. With a printer like business model, this is the instrument that can help Bionano achieve predictable recurring revenues from the sales of services and chips.

- Bionano Genomics stock is seeing a lot of fundamental growth in revenues, likely due to a good business environment with lower interest rates and adoption of the genomic revolution. However, their profit margins are decreasing, and have incredible expansion of operating expenses and share dilution. Investors should take care to understand these risks before investing in BNGO stock.

- Investing in Bionano Genomics is a bit risky at the moment. There is a lot of momentum in the company at the moment, so we could see large volatility in the next few days because there are likely a lot of traders in the name. As always, you have to consider the upside and downside risks before investing in the stock.

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Link (1) BNGO stock website:
https://www.bionanogenomics.com

Link (2) BNGO stock affected by genomic revolution, background (NIH):
https://www.genome.gov/genetics-gloss...

Link (3) BNGO stock affected by genomic revolution, background (Vox):
https://www.vox.com/2018/7/23/1759486...

Link (4) BNGO stock affected by genomic revolution, hemophilia example:
https://www.hemophilia.org/bleeding-d...

Link (5) BNGO stock affected by genomic revolution, hospital example:
https://www.childrenshospital.org/cen...

Link (6) BNGO stock most recent earnings report:
https://app.quotemedia.com/data/downl...

Link (7) Real time trading chart of BNGO stock: https://thestockstudents.com/tradingv...

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Disclosure:
I do not have any positions in BNGO at time of recording
thestockstudents.com/disclaimer

#Bionano #BNGO #stockmarket

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