Published on 3 May 2024 on Insider Monkey via Yahoo Finance

Here’s How Novo Holdings’ Catalent (CTLT) Acquisition Affects Laughing Water Capital

Laughing Water Capital, an investment management company, released its first-quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, investment in the fund returned 8.4% after all fees and expenses compared to 10.6% and 5.2% returns for the SP500TR and R2000 during the quarter, respectively. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

Laughing Water Capital featured stocks like Catalent, Inc. (NYSE:CTLT) in its Q1 2024 investor letter. Headquartered in Somerset, New Jersey, Catalent, Inc. (NYSE:CTLT) develops and manufactures solutions for drug, protein-based biologics, cell, and gene therapies, and consumer health products. On May 2, 2024, Catalent, Inc. (NYSE:CTLT) stock closed at $56.34 per share. One-month return of Catalent, Inc. (NYSE:CTLT) was -0.72%, and its shares gained 17.99% of their value over the last 52 weeks. Catalent, Inc. (NYSE:CTLT) has a market capitalization of $10.196 billion.