Published on 10 Oct 2023 on Simply Wall St. via Yahoo Finance
Private companies invested in Vaxxinity, Inc. (NASDAQ:VAXX) copped the brunt of last week's US$41m...
Key Insights
The considerable ownership by private companies in Vaxxinity indicates that they collectively have a greater say in management and business strategy54% of the business is held by the top 2 shareholdersOwnership research, combined with past performance data can help provide a good understanding of opportunities in a stock
A look at the shareholders of Vaxxinity, Inc. (NASDAQ:VAXX) can tell us which group is most powerful. The group holding the most number of shares in the company, around 44% to be precise, is private companies. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).