Skorpios Trust Reports 16.9% Stake In Stoke Therapeutics As Of Sept 19 Vs 23.4% As Of April 17
Portfolio Pulse from Benzinga Newsdesk
Skorpios Trust has reduced its stake in Stoke Therapeutics from 23.4% in April to 16.9% as of September 19.
September 23, 2024 | 8:28 pm
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Skorpios Trust has reduced its stake in Stoke Therapeutics from 23.4% to 16.9%, which may indicate a change in confidence or strategy regarding the company.
A significant reduction in stake by a major shareholder like Skorpios Trust could signal a lack of confidence or a strategic shift, potentially leading to a negative short-term impact on Stoke Therapeutics' stock price.
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