Here's Why We're A Bit Worried About Modular Medical's (NASDAQ:MODD) Cash Burn Situation

By Yahoo! Finance | Jul 2, 2024 at 07:04 AM EST

Investors are attracted to unprofitable companies due to potential high returns, like Amazon. Analyzing Modular Medical's cash burn is crucial, as its short cash runway and increasing burn rate may signal financial risks. Shareholders should monitor how the company manages its cash.

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