Why One Value Fund Has a $101 Million Bet on Indivior Stock Amid a 212% Surge

New York City-based Newtyn Management reported a buy of nearly 1.6 million additional Indivior PLC shares, increasing its position by an estimated $62.8 million in the third quarter, according to a November 14 SEC filing.According to a filing with the Securities and Exchange Commission dated November 14, Newtyn Management increased its stake in Indivior PLC (NASDAQ:INDV) by nearly 1.6 million shares in the third quarter. The position value rose to $101.3 million at quarter-end, reflecting both buying activity and price changes. Indivior now accounts for 12.4% of the firm’s U.S. equity assets, making it the top holding in a portfolio of 33 reported positions.Top holdings after the filing:  Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool