Upstream Bio, Inc. declined 4.98% in premarket trading. HBM Healthcare Investments, which holds an international portfolio of promising companies in the human medicine, biotechnology, medical technology, and diagnostics sectors, reported a decline of 8.4% in its quarterly NAV per share. Additionally, HBM Healthcare Investments swung to a Q1 loss, which could have negatively impacted investor sentiment towards Upstream Bio, Inc.
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