Published on 16 Oct 2024 on GuruFocus.com · via Yahoo Finance
Millennium Management LLC Adjusts Stake in Corbus Pharmaceuticals
Overview of Recent Transaction by Millennium Management LLC
Millennium Management LLC, a prominent hedge fund, recently adjusted its investment in Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP), a biotechnology firm focused on precision oncology. On September 30, 2024, the firm reduced its holdings by 118,898 shares, resulting in a new total of 122,751 shares. This transaction, executed at a price of $20.63 per share, reflects a significant change in Millenniums investment strategy regarding Corbus Pharmaceuticals.
Millennium Management LLC: Investment Strategy and History