Here's Why We're Not Too Worried About Cogent Biosciences' (NASDAQ:COGT) Cash Burn Situation

By Yahoo! Finance | Oct 20, 2024 at 09:48 AM EST

Owning shares of unprofitable companies can be profitable, like Salesforce.com. However, many such companies go bankrupt due to cash burn. Analyzing Cogent Biosciences' cash runway and burn rate shows potential growth but also the need for more cash in the future.

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