JPMorgan Chase Acquires Substantial Stake in Opthea Limited

Story Highlights
JPMorgan Chase Acquires Substantial Stake in Opthea Limited

The latest announcement is out from Opthea Limited ( (AU:OPT) ).

JPMorgan Chase & Co. and its affiliates have become a substantial holder in Opthea Limited, acquiring a 5.18% voting power through various securities transactions. This development signifies a significant investment by a major financial institution, potentially impacting Opthea’s market dynamics and signaling confidence in the company’s future prospects.

More about Opthea Limited

YTD Price Performance: 9.09%

Technical Sentiment Signal: Sell

Current Market Cap: $465.6M

See more insights into OPT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App