Biohaven Stock Down 70% but One Fund's New $6 Million Bet Signals Turnaround Potential

Sarissa Capital Management established a new position in Biohaven Ltd. (NYSE:BHVN) during the fourth quarter, acquiring 513,184 shares worth $5.79 million at quarter’s end, according to a February 17, 2026, SEC filing. What happened According to an SEC filing dated February 17, 2026, Sarissa Capital Management initiated a new stake in Biohaven during the fourth quarter, purchasing 513,184 shares. The quarter-end valuation of the new position stood at $5.79 million, reflecting the total value of shares he ...