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GRPH - Graphite Bio up 9% after venture capital firm adds ~$2M to position
Graphite Bio Inc.
Shares of Graphite Bio (GRPH +9.0%) are up in afternoon trading after venture capital firm Samsara BioCapital disclosed it added to its position in the company. Samsara bought 201,685 shares at an average of $10.15. The firm now has a total of ~7.8M shares. Seeking Alpha contributor Terry Chrisomalis says that the gene editing biotech is a risky, but great speculative biotech to look into.