5 Biotech Stocks to Sell Now According to Cathie Wood

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1. NanoString Technologies, Inc. (NASDAQ:NSTG)

Number of Hedge Fund Holders: 22  

Percentage Decrease in Stake in Q4: 100%  

NanoString Technologies, Inc. (NASDAQ:NSTG) is a Washington-based biotech firm. Among the hedge funds being tracked by Insider Monkey, London-based investment firm Marshall Wace LLP is a leading shareholder in NanoString Technologies, Inc. (NASDAQ:NSTG), with 2.1 million shares worth more than $89 million. 

NanoString Technologies, Inc. (NASDAQ:NSTG) has been featured in the ARK portfolio since the first quarter of 2018. The fund had been shedding the stock since the first quarter of 2021 and completely sold it off during the fourth quarter of 2021. 

You can also take a peek at 10 High-Yield Dividend Stocks with Payout Ratio Less than 55% and 10 Stocks to Buy Today According to British Billionaire David Harding.

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