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Healthcare Investor Exits $13 Million Stake STAAR Surgical Stake as Alcon Deal Drama Looms
The Motley Fool· 2025-12-03 20:47
One specialist investor just walked away from STAAR Surgical entirely—right as uncertainty over a delayed Alcon deal looms.Palo Alto Investors fully exited its position in STAAR Surgical Company (STAA +1.74%), reducing its stake by 791,879 shares in the third quarter, a net change of approximately $13.3 million, according to a November 14 SEC filing.What HappenedPalo Alto Investors disclosed in a November 1, SEC filing that it sold out of STAAR Surgical Company during the third quarter. The fund reported a ...