We Think CureVac (NASDAQ:CVAC) Can Afford To Drive Business Growth

By Yahoo! Finance | Aug 1, 2024 at 01:56 PM EST

Although a company's lack of profitability does not guarantee a stock decline, monitoring cash burn is crucial. For instance, CureVac (NASDAQ:CVAC) had €300m in cash reserves and a €312m cash burn rate in March 2024, providing a 12-month cash runway.

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