‘Mysterious’ billionaire cashes in $127M worth of Gates-backed pharma stock

Hi-tech drug discovery firm Schrödinger, Inc. (SDGR) is up 100% since its IPO earlier this year, and one of Wall Street‘s “most intriguing and mysterious” billionaires just cashed in. David Shaw, the secretive 69-year-old investing legend, has now sold more than $127 million worth of SDGR stock in the past month alone. In that time, SDGR’s share price hovered between 217% and 233% above its February issue price of $17 — impressive, but well below SDGR’s $93 record high in July. These are noticeably Shaw’s first stock sales of any kind all year, according to finance portal Finviz. The moves were made… This story continues at The Next Web

‘Mysterious’ billionaire cashes in $127M worth of Gates-backed pharma stock

Hi-tech drug discovery firm Schrödinger, Inc. (SDGR) is up 100% since its IPO earlier this year, and one of Wall Street‘s “most intriguing and mysterious” billionaires just cashed in. David Shaw, the secretive 69-year-old investing legend, has now sold more than $127 million worth of SDGR stock in the past month alone. In that time, SDGR’s share price hovered between 217% and 233% above its February issue price of $17 — impressive, but well below SDGR’s $93 record high in July. These are noticeably Shaw’s first stock sales of any kind all year, according to finance portal Finviz. The moves were made…

This story continues at The Next Web