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Twist Bioscience Corporation

Company NameTwist Bioscience Corporation
Stock SymbolTWST

On November 15, 2022, Scorpion Capital published a research report, alleging that the Company is a “cash-burning inferno” and that it is “operating a ponzi-like scheme that will end in bankruptcy.”

On this news, Twist’s stock fell as much as 33% during intraday trading on November 15, 2022, thereby injuring investors.

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