JAN 27·Simply Wall StreetMed
Institutional investors in Invivyd, Inc. (NASDAQ:IVVD) see US$113m decrease in market cap last week, although long-term gains have benefitted them.
Institutional investors in Invivyd, Inc. (NASDAQ:IVVD) experienced a US$113 million decrease in market cap last week due to a 16% drop in holdings value. Despite this, they have benefited from a 397% one-year return. Institutions collectively hold 39% of the company's shares, with hedge funds owning an additional 20%, indicating significant influence over Invivyd's share price.