Investor cuts $70 million from Zymeworks as shares rise 60% in a year
Redmile Group revealed a significant reduction in its Zymeworks (NASDAQ:ZIMA) position in a February 17, 2026 SEC filing, selling an estimated $70.10 million worth of shares based on quarterly average price. According to an SEC filing on February 17, 2026, Redmile Group reduced its stake in Zymeworks by 3,214,096 shares, with an estimated transaction value…