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Biotech / Medical : VPHM - Viropharma Inc

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To: scaram(o)uche who wrote (858)12/28/2001 9:59:51 AM
From: tuck  Read Replies (1) of 2557
 
"4. Soros has sold a few of his shares, probably spooking some investors."

>>WASHINGTON, Dec 28 (Reuters) - A group of investors that includes financier George Soros has lowered its stake in ViroPharma Inc. (NasdaqNM:VPHM - news) to 8.58 percent from 10.3 percent, according to a regulatory filing.

The group now holds about 1.7 million common shares of the Exton, Pennsylvania-based biotechnology firm.

The change was disclosed in a filing made with the U.S. Securities and Exchange Commission late on Thursday. No reason for the change was provided.

The group sold 500,000 shares on the open market between Nov. 2 and Dec. 19 at prices ranging from $20.03 to $22.38 a share, the filing showed.

ViroPharma shares closed at $22.15 on Nasdaq Thursday.<<

Cheers, Tuck
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