These 5 Stocks Are Getting Crushed Today

3. BeiGene, Ltd. (NASDAQ:BGNE) has crashed by 13.06% as of 11:44 AM ET. The stocks of a group of biotech companies involved in the development of anti-TIGIT therapeutics have fallen after Swiss-based pharmaceutical giant Roche reported that the drug was unable to slow down the pace of non-small cell lung cancer. Investors had anticipated that the revolutionary treatment would open the door for next-generation therapy in immune-oncology with a potential of multi-billion dollars in sales.

Long Corridor Asset Management was the leading hedge fund investor in BeiGene, Ltd. (NASDAQ:BGNE) during Q1 2022. Of the 924 hedge funds in Insider Monkey’s database, BeiGene, Ltd. (NASDAQ:BGNE) was held by 19 hedge funds as of Q4 2021.