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Fluidigm Essay

1065 Words5 Pages

#1 The article talks about how Fluidigm’s company was trying to make a company successful during a time of economic financial hardship. The organization had a time where it was showing a lot of growth in revenue. When talking about growth revenue it doubled in the first half. This equaled to 5.5 million (Ante, 2008). Although, the organization was growing it was losing money faster than it was making it. The organization has about 32 million dollars at the end of June and was spending about $6 -$7 million every quarter (Ante, 2008). I feel an issue that was here was the actual chip was not profitable and the economy was having a bad time which made it hard to get investors to invest. Worthington was hoping to at least raise $ 80 million in …show more content…

A company investors and investors that are prospects can look at the stocks. This will give them an idea of how successful the organization is. If there stock prices are going up this can make investors feel that their earning will improve as well. Then if the stocks are decreasing and not increasing investors can lose hope that the organization is going to be successful, as well as, having the ability to improve the profitability. When companies are facing stressful situations as Fluidigm is with financial issues can definitely impact our economy. The issue was that the company was waiting to have an increase in their revenues to be able to meet their expenses. Therefore, the organization decided to try to go public. The attempt to do this was to hopefully increase the available cash. With this said as an organization that can bring jobs to individuals helps our economy. The more people employed and the less unemployed our economy is stimulated which is good. This is because money is being made and people are spending it, instead of not spending money and making cutbacks on things they once spent money on. So if an organization is secure the better off it is for the

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