Fresh off IPO, ‘biofacturing’ company Zymergen’s stock plunges more than 70% after some really bad news

Less than four months after going public and being valued at more than $3 billion by Wall Street, Zymergen Inc. unleashed some bad news Tuesday afternoon, and was on pace to lose more than two-thirds of its market cap.Zymergen shares
ZY,
+2.35%
plunged…

Click here to view the original article.