State Street Corp's Strategic Acquisition in Iovance Biotherapeutics Inc

Published on 18 Oct 2024 on GuruFocus.com · via Yahoo Finance

State Street Corp's Strategic Acquisition in Iovance Biotherapeutics Inc

Overview of the Recent Transaction

State Street Corp, a prominent investment firm, recently expanded its portfolio by acquiring 13,201,978 shares in Iovance Biotherapeutics Inc (NASDAQ:IOVA). This transaction, which took place on September 30, 2024, signifies a notable addition strategy by the firm, reflecting a bullish stance on the biotechnology sector. The shares were purchased at a price of $9.39, marking a significant investment in the clinical-stage biopharmaceutical company.

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State Street Corp's Strategic Acquisition in Iovance Biotherapeutics Inc

NASDAQ.IOVA price evolution

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