On September 30, 2024, Morgan Stanley executed a significant transaction involving Celcuity Inc. The investment firm sold 1,443,913 shares of the clinical-stage biotechnology company.
This sale resulted in a 50.92% reduction in Morgan Stanley's holding in Celcuity. Following the transaction, Morgan Stanley retained 1,391,552 shares of the company.
Such a substantial reduction by a major institutional investor can be interpreted by the market as a shift in investment sentiment or a reallocation of capital, which may influence other investors' perceptions of Celcuity's prospects.
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