Published on 13 Oct 2024 on GuruFocus.com · via Yahoo Finance
Millennium Management LLC Reduces Stake in ALX Oncology Holdings Inc
Overview of Millennium Management's Recent Transaction
On September 30, 2024, Millennium Management LLC, a prominent hedge fund, executed a significant transaction involving the shares of ALX Oncology Holdings Inc (NASDAQ:ALXO). The firm decided to reduce its stake in ALXO by 959,297 shares, resulting in a new total of 2,002,374 shares held. This move was made at a trading price of $1.82 per share. Despite the substantial reduction in shares, this transaction did not have a notable impact on the firm's overall portfolio, maintaining a position ratio of 3.80% in ALXO.
Profile of Millennium Management LLC