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News  ›  The Motley Fool

Wilson Asset Eliminates Stake In 805K AVTR Shares Valued At $10.8 Million

The Motley Fool Logo The Motley Fool By Adam Palasciano
Wilson Asset Eliminates Stake In 805K AVTR Shares Valued At $10.8 Million

Wilson Asset Management completely sold its entire 805,658 share stake in Avantor, valued at $10.8 million, after the stock experienced a 45.8% decline over the past year, signaling a strategic portfolio reallocation.

Insights
AVTR   negative

Stock declined 45.8% over the past year, experienced weaker demand from biopharma customers, and suffered from industry-wide inventory destocking