Genetics company 23andMe has filed for bankruptcy and its CEO is stepping down, leaving many users concerned about the future of their data.

Wojcicki, who will remain on the company’s board, said she aims to secure the assets of the popular DNA-testing company.

Shares of DNA testing giant 23andMe are set to open around $1 Monday morning after the company filed for Chapter 11 bankruptcy, and announced the resignation of its CEO on Sunday.

Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its ...

Me has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs.

The bankruptcy follows the Special Committee’s rejection of the final non-binding acquisition proposal made by 23andMe CEO and co-founder Anne Wojcicki and certain of her affiliates on March 10.

Me (ME) also announced that Anne Wojcicki is resigning from her role as CEO, effective immediately, by mutual agreement between Wojcicki ...

23andMe filing for Chapter 11 bankruptcy protection to help the genetic testing company sell itself. The company also announcing its CEO's resignation after multiple failed takeover bids. 23andMe ...

Me on Sunday filed for bankruptcy in the U.S. after struggling with the fallout of a data breach and weak demand for its ...

In September, all seven of the company’s independent directors resigned en masse, citing their frustration with the CEO’s “strategic direction” and efforts to take 23andMe private.

The DNA testing company 23andMe, once valued at $6 billion, filed for bankruptcy Monday, while its founder and CEO Anne Wojcicki resigned her position. More than 15 million people submitted DNA ...