Does This $25 Million Bet on a Stock Down 61% Signal Turnaround Potential at $6?
Sio Capital Management disclosed a new position in Organon (OGN 3.91%) on February 17, 2026, acquiring 3,421,765 shares worth $24.53 million at quarter’s end.What happenedAccording to a filing with the U.S. Securities and Exchange Commission dated February 17, 2026, Sio Capital Management established a new position in Organon (OGN 3.91%), purchasing 3,421,765 shares. The reported position value at quarter-end increased by $24.53 million as a result of the purchase.What else to knowThis is a new position for ...