Butterfly Network: Still A Long Way From Profitability
Source: SeekingAlpha
2025-07-01 13:11:56 ET
A few months ago, I wrote a cautious update on Butterfly Network, Inc. (NYSE: BFLY ), noting that BFLY's strong stock performance appears to be the result of a short-squeeze, as the company is still far from breaking even financially. Sure enough, after the stock's upside momentum was exhausted, and following a massive equity raise in January, BFLY shares have come back to earth, falling by 42% since December (Figure 1)....
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Butterfly Network: Still A Long Way From Profitability
Butterfly Network Inc Cl A
NASDAQ: BFLY
BFLY Trading
-2.56% G/L:
$3.5761 Last:
1,905,800 Volume:
$3.64 Open:
BFLY Latest News
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BFLY Stock Data
$861,373,202
211,680,570
0.81%
84
N/A
Medical Equipment & Supplies
Healthcare
US
Burlington
