Squarepoint Ops Adds $17M in Arcutis Biotherapeutics, Inc. ($ARQT)
Key Points
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Squarepoint Ops increased its position in Arcutis Biotherapeutics, Inc. ($ARQT) by 142.06% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,103,490 shares of Arcutis Biotherapeutics, Inc. after buying 647,614 shares during the quarter. Squarepoint Ops's holdings in Arcutis Biotherapeutics, Inc. were worth $28.93 million as of its most recent filing.
Arcutis Biotherapeutics, Inc. Stock Up 10.3%
Shares of Arcutis Biotherapeutics, Inc. ($ARQT) traded around $26.22 on Saturday, up 10.3% for the day.
Arcutis Biotherapeutics, Inc. Earnings
Analysts Set New Price Targets
About Arcutis Biotherapeutics, Inc.
Arcutis Biotherapeutics, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases. The company's lead product is ZORYVE, a topical roflumilast cream for the treatment of plaque psoriasis and atopic dermatitis. It also develops ZORYVE foam seborrheic dermatitis, and scalp and body psoriasis treatment; ARQ-234, a fusion protein that is a potent and highly selective checkpoint agonist of the CD200 receptor. The company was formerly known as Arcutis, Inc. and changed its name to Arcutis Biotherapeutics, Inc. in October 2019. Arcutis Biotherapeutics, Inc. was incorporated in 2016 and is headquartered in Westlake Village, California.
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