5 Best Medical Stocks Under $10

3. CymaBay Therapeutics, Inc. (NASDAQ:CBAY)

Number of Hedge Fund Investors In Q1 2023: 35

CymaBay Therapeutics, Inc. (NASDAQ:CBAY) is a California based biotechnology company. It is developing treatments for liver disease and complications resulting from diabetes. The company also has partnerships with other companies to develop drugs and share research.

35 of the 943 hedge funds part of Insider Monkey’s Q1 2023 database had invested in CymaBay Therapeutics, Inc. (NASDAQ:CBAY). Kurt Von Emster’s VenBio Select Advisor is its largest hedge fund investor with an $89 million stake.

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