Pale Fire Capital Bets Big on Healthcare With a 2.07 Million Share Baxter International (BAX) Investment

It looks like Pale Fire Capital bet heavily against Coinbase, Tesla, and Robinhood during the fourth quarter by purchasing heaps of put options. It appears the fund is repositioning its portfolio to focus on healthcare stocks . Baxter International was the largest new stock addition the firm made during the fourth quarter. The firm also added new shares of Teladoc Health (NYSE:TDOC), Fractyl Health (NASDAQ:GUTS), and Syndax Pharmaceuticals (NASDAQ:SNDX) to its portfolio.Baxter International Inc. is a leadin ...