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Activist Investors Expand Stakes in Atea Pharmaceuticals and Lordstown Motors
ByAinvest
Wednesday, Jul 24, 2024 8:04 pm ET1min read
Atea Pharmaceuticals has witnessed activist investor activity with Tang Capital increasing its stake in the company by purchasing 2,726,455 shares, now holding a 3.6% ownership. This move, reported from May 18 to May 24, 2023, has resulted in Tang Capital possessing a total of 3,026,455 Atea Pharmaceuticals shares. The investments were made between March 27 and May 15, at prices ranging between $3.11 and $3.30 per share.
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