CIBRA Capital's Big Bet on Amicus Therapeutics

CIBRA Capitals latest SEC filing reveals a significant investment in Amicus Therapeutics, making it their top holding. They bought 1.48 million shares for $21.2 million, increasing their stake to 1.69 million shares worth $24.4 million. This move comes as Amicus stock surged by 103.7% over the past year, with the company focusing on rare diseases and a potential merger with BioMarin. CIBRAs bet on this merger arbitrage could yield a quick profit or result in significant losses. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bcb74a973709fd69

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