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TRDA - Entrada Therapeutics up 222% on disclosure of large hedge fund share purchase
Entrada Therapeutics Inc.
Shares of Entrada Therapeutics (NASDAQ:TRDA) are up 22% Tuesday following an after the closing bell SEC filing Monday from Baker Bros. Advisors showing significant share purchases. The hedge fund made a total of six purchases. Two on June 2, and the rest on June 6. Baker Bros. now owns ~4.5M shares. Based on Monday's closing price, those shares are worth ~$29.7M. Entrada's market cap today is ~$256.6M.