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Farallon Capital Management Boosts Stake in Tango Therapeutics to 16.27M Shares

Tango Therapeutics logoTango Therapeutics
Sig1.62Sen-3.84Env0.00Soc0.00Gov0.00

Farallon Capital Management increased its Tango Therapeutics stake to 16,270,187 shares, a 78.84% rise, following a June 30 purchase. The holding is now 9.80% of Tango’s outstanding shares and 2.87% of Farallon’s assets under management. Tango’s stock trades at $23.52 versus $31.26 at purchase, with GuruFocus noting overvaluation and a low profitability outlook.

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