Over 1 Year Ago
2 Min Read
AMRS is making big moves today. Find out why the stock is trading -9% lower:
Amyris Inc (AMRS) is trading -9% lower at $2.63 today. So far the Materials sector has been having a slightly depressed day, and the share price of the company is lagging behind it's peers.
On a day when the market is selling off broady, AMRS is still selling off faster.
- Amyris used a whopping $189.0 million in cash in Q2.
- At this burn rate, Amyris will run out of funds by the end of this month despite generating $670 million in net proceeds from a convertible debt offering just nine months ago.
- The company reported mixed earnings
Amyris Inc has been trading between a 52-week high of $16.31 and a 52-week low of $1.47. The stock has a market cap of $845 Million.
Amyris is a science and technology leader in the research, development and production of sustainable ingredients for the Clean Health & Beauty and Flavors & Fragrances markets. Amyris uses an impressive array of exclusive technologies, including state-of-the-art machine learning, robotics and artificial intelligence. Its ingredients are included in over 3,000 products from the world's top brands, reaching more than 200 million consumers.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
Naturalfoodally - 10 upvotes - source
AMRS - check it out they had a solid Reddit board
Disastrous-Change-23 - 8 upvotes - source
ok, selling my crypto and going 100% on AMRS 
Naturalfoodally - 6 upvotes - source
Naomi Watts JVN David Beckham Tia Mowry Reese Witherspoon Rosie Huntington Whitely All represent brands under AMRS
SavannahGuthriesLips - 4 upvotes - source
https://www.macrotrends.net/stocks/charts/AMRS/amyris/stock-price-history Click market cap at top
Naturalfoodally - 3 upvotes - source
Nope AMRS. They all rep brands that AMRS owns
faust889 - 3 upvotes - source
Did you seriously just link the company PR page to "disprove" that they constantly dilute? The company diluted so much the float went from less than a million in 2009 to 330 million today. In 2021 alone they diluted around 45% of float. https://www.macrotrends.net/stocks/charts/AMRS/amyris/shares-outstanding
faust889 - 3 upvotes - source
Yes if he's trying to pump the stock up in preparation for more dilution. Wanna bet they dilute again? Lol the CEO literally sold four times as many shares the month before. https://www.nasdaq.com/market-activity/stocks/amrs/insider-activity
Naturalfoodally - 2 upvotes - source
Lol, yup true, but they’ve all got a piece of AMRS.
defaultuser012 - 1 upvotes - source
I’m going to join the AMRS pump. F that. I’m all in on gme and bbby
Important-Shoulder66 - 1 upvotes - source
AMRS You are welcome.
On a day when the market is selling off broady, AMRS is still selling off faster.
- Amyris used a whopping $189.0 million in cash in Q2.
- At this burn rate, Amyris will run out of funds by the end of this month despite generating $670 million in net proceeds from a convertible debt offering just nine months ago.
- The company reported mixed earnings
Amyris Inc has been trading between a 52-week high of $16.31 and a 52-week low of $1.47. The stock has a market cap of $845 Million.
Amyris is a science and technology leader in the research, development and production of sustainable ingredients for the Clean Health & Beauty and Flavors & Fragrances markets. Amyris uses an impressive array of exclusive technologies, including state-of-the-art machine learning, robotics and artificial intelligence. Its ingredients are included in over 3,000 products from the world's top brands, reaching more than 200 million consumers.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
Naturalfoodally - 10 upvotes - source
AMRS - check it out they had a solid Reddit board
Disastrous-Change-23 - 8 upvotes - source
ok, selling my crypto and going 100% on AMRS 
Naturalfoodally - 6 upvotes - source
Naomi Watts JVN David Beckham Tia Mowry Reese Witherspoon Rosie Huntington Whitely All represent brands under AMRS
SavannahGuthriesLips - 4 upvotes - source
https://www.macrotrends.net/stocks/charts/AMRS/amyris/stock-price-history Click market cap at top
Naturalfoodally - 3 upvotes - source
Nope AMRS. They all rep brands that AMRS owns
faust889 - 3 upvotes - source
Did you seriously just link the company PR page to "disprove" that they constantly dilute? The company diluted so much the float went from less than a million in 2009 to 330 million today. In 2021 alone they diluted around 45% of float. https://www.macrotrends.net/stocks/charts/AMRS/amyris/shares-outstanding
faust889 - 3 upvotes - source
Yes if he's trying to pump the stock up in preparation for more dilution. Wanna bet they dilute again? Lol the CEO literally sold four times as many shares the month before. https://www.nasdaq.com/market-activity/stocks/amrs/insider-activity
Naturalfoodally - 2 upvotes - source
Lol, yup true, but they’ve all got a piece of AMRS.
defaultuser012 - 1 upvotes - source
I’m going to join the AMRS pump. F that. I’m all in on gme and bbby
Important-Shoulder66 - 1 upvotes - source
AMRS You are welcome.
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