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After Falling 67% in 1 Year, Is 23andMe Undervalued?


23andMe (NASDAQ: ME) investors have had a bumpy ride in the last 12 months. The company's shares are down by more than 67%, quarterly revenue growth has slumped into the single digits, and profitability remains far out of reach. 

Nonetheless, enterprising investors may believe that the company's fortunes will soon be looking up -- a view that management shares. Is this stock priced attractively for a purchase? 

Image source: Getty Images.

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Source Fool.com

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