Marinus Pharmaceuticals 13G Filing Shows Jennison Associates LLC Reported A 5.4% Stake In The Co As Of December 31, 2023
Portfolio Pulse from Benzinga Newsdesk
Jennison Associates LLC has reported a 5.4% stake in Marinus Pharmaceuticals as of December 31, 2023, according to a 13G filing.
February 08, 2024 | 7:00 pm
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Jennison Associates LLC has acquired a 5.4% stake in Marinus Pharmaceuticals, indicating potential confidence in the company's future.
The acquisition of a significant stake by a reputable investment firm like Jennison Associates LLC often signals strong investor confidence and potential insider knowledge about the company's prospects. This can lead to increased investor interest and potentially a positive impact on the stock price in the short term.
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IMPORTANCE 70
RELEVANCE 90