Institutional Owners May Ignore Prime Medicine, Inc.'s (NASDAQ:PRME) Recent US$66m Market Cap Decline as Longer-term Profits Stay in the Green
Institutional investors, who hold 45% of Prime Medicine, Inc. (NASDAQ:PRME), may not be significantly concerned by the recent US$66m market cap decline due to strong longer-term returns. While they experienced an 8.9% drop last week, the company's one-year returns of 44% likely offset these losses. Key shareholders include institutions, private equity firms (20%), and insiders like David Liu, who holds 11% and is a top key executive, indicating alignment with shareholder interests.
https://news.futunn.com/en/post/68295999/institutional-owners-may-ignore-prime-medicine-inc-s-nasdaq-prme