We're Keeping An Eye On Prelude Therapeutics' (NASDAQ:PRLD) Cash Burn Rate

By Yahoo! Finance | Jul 26, 2024 at 09:10 AM EST

Investors are drawn to unprofitable companies due to potential growth, like Salesforce.com. However, Prelude Therapeutics shareholders may worry about its cash burn. Despite a solid cash runway, the trajectory suggests potential future cash needs, possibly through share issuance.

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