BML Capital Management has completely divested its stake in Alumis (NasdaqGS:ALMS), a move coinciding with Alumis’s new shelf registration filing and upcoming appearances at investor conferences. This shift draws market attention to reactions from other investors as Alumis prepares for increased market engagement and potential capital-raising activities. The company’s stock currently trades below analyst targets, but key risks include high volatility and unprofitability.
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Alumis Ownership Shifts As Shelf Filing And Conferences Shape Outlook
BML Capital Management has completely divested its stake in Alumis (NasdaqGS:ALMS), a move coinciding with Alumis’s new shelf registration filing and upcoming appearances at investor conferences. This shift draws market attention to reactions from other investors as Alumis prepares for increased market engagement and potential capital-raising activities. The company’s stock currently trades below analyst targets, but key risks include high volatility and unprofitability.