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0.000563380281690133 0.000563380281690133 0.000563380281690133 -0.00214329454990815 -0.0036742192284141 -0.00122473974280463 0.000612369871402205 0.00214329454990815
Stock impact report

Laughing Water Capital's New Position: Theravance Biopharma, Inc. (TBPH) [Yahoo! Finance]

Theravance Biopharma, Inc. - Ordinary Shares (TBPH) 
Last theravance biopharma, inc. - ordinary shares earnings: 2/24 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.theravance.com/investor-relations
Company Research Source: Yahoo! Finance
A copy of the letter can be downloaded here . The Class A investment in Laughing Water Capital returned approximately -4.5% net of all fees and expenses in the first quarter of 2026. The SP500TR and R2000 returned -4.3% and 0.9% respectively, during the same period. Over the first ten years, since its inception, Laughing Water Capital returned approximately 410%, or 17.7% per year. Recent developments, such as AI breakthroughs and U.S. operations in Iran and Venezuela, demonstrate the enduring nature of global uncertainty. The firm believes volatility has generated possibilities that lead to portfolio modifications with recent additions reflecting shorter investment timelines, strong balance sheets, and near-term cash flows, with limited event path risk. In addition, please check the portfolio's top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Laughing Water Capital highlighted Theravance Biopharma, Inc. (NASDAQ: TBPH ) as a newly added po Show less Read more
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