Should You Buy Symbotic Stock Down 45% From Its 52-Week High?

Symbotic ended the quarter with $901 million in net cash as a strong point in the company's fundamental profile. Opportunity in warehouse-as-a-service A key component of Symbotic's strategy is to expand its global footprint and diversify its customer base. That was part of the reason for the 2023 creation of GreenBox as a joint venture with the Japanese investment holding company SoftBank. The idea is to offer an alternative solution for companies that could benefit from automating their warehouses but see ...