While Kodiak Sciences' cash runway is reassuring, its cash b...
While Kodiak Sciences' cash runway is reassuring, its cash burn relative to its market cap is concerning. The company's high expenditure relative to its market value suggests an elevated risk of funding distress, making the stock a risky investment.
Here's Why We're Watching Kodiak Sciences' (NASDAQ:KOD) Cash Burn Situation
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment