MarketPulse

position trimming

2 articles
The Motley FoolThe Motley Fool··Jonathan Ponciano

Biotech Darling $PRAX Soars 700% as Top Fund Trims Position Yet Doubles Down

Cormorant Asset Management sold $PRAX shares for $9.3M in Q4, yet position surged $227M in value. Stock remains fund's largest holding at $280M.
EYPTPRAXABVXFDA approvalbiotech
The Motley FoolThe Motley Fool··Jonathan Ponciano

TransAlta Shares Surge 29% as Major Fund Reduces Position

TransAlta shares surged 29% over twelve months. Major fund Potrero Capital trimmed its stake through strategic rebalancing, though maintains confidence in the power company.
MSFTTACBLrisk managementenergy transition