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Stock impact report

This Biotech Fund Exited an $8 Million Edgewise Stake as the Stock Slid Double Digits [Yahoo! Finance]

Edgewise Therapeutics, Inc. (EWTX) 
Company Research Source: Yahoo! Finance
The overall position value fell by about $7.67 million from the previous period. The move marked a full exit from EWTX, with the position previously accounting for about 4.31% of the fund's AUM. These 10 stocks could mint the next wave of millionaires › California-based Foresite Capital Management VI fully exited Edgewise Therapeutics (NASDAQ:EWTX) in the quarter ended September 30, reducing its position by 585,000 shares worth about $7.67 million. According to a filing with the U.S. Securities and Exchange Commission dated November 14, Foresite Capital Management VI LLC sold its entire stake in Edgewise Therapeutics (NASDAQ:EWTX) during the third quarter. The trade amounted to an estimated $7.67 million based on quarterly average pricing, and the fund reported no remaining shares in the company as of September 30. Edgewise Therapeutics was previously about 4.3% of AUM in the prior quarter. Top holdings after the filing: NASDAQ:CGON: $89.48 million (34.6% of AUM) NASD Show less Read more
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