The Worst Mistake Amyris Investors Can Make Right Now

Many companies with a capacity to do so have adapted operations to help respond to the coronavirus pandemic. Fuel cell manufacturer Bloom Energy, for example, has worked with the State of California to refurbish mechanical ventilators. Sporting goods company Fanatics took fabric initially meant for official game jerseys for two baseball teams and will instead use it to manufacture hospital gowns and face masks, which it will provide at no cost.

Synthetic biology pioneer Amyris (NASDAQ: AMRS) has stepped up, too. The company has started selling a new hand sanitizer through its Pipette brand of baby care products. It's also pledged to donate products to hospitals and companies working to confront America's health crisis, including Bloom Energy.

While investors should applaud the company for prioritizing the public good, they still need to prioritize more tangible business metrics, such as profit margins.

Source Fool.com