This Biotech Fund Sold $8 Million of Terns Stock Last Quarter, but Here's Why It Still Seems Very Bullish

Superstring Capital Management reduced its stake in Terns by 345,869 shares in Q4, an estimated ~$7.99 million of stock based on quarterly average prices. The report is a routine institutional ownership change with limited additional context on motive or impact.

Analysis

Superstring Capital Management reduced its stake in Terns by 345,869 shares in Q4, an estimated ~$7.99 million of stock based on quarterly average prices. The report is a routine institutional ownership change with limited additional context on motive or impact.