5 Biggest Stocks with Negative Beta

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In this article, we will take a look at the 5 biggest stocks with negative beta. To see more such companies, go directly to 25 Biggest Stocks with Negative Beta.

5. Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL)

Market Cap as of September 13: $3.5B

Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) shares have gained about 200% over the past one year.  In June Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) initiated a new rolling submission of its New Drug Application to US regulators for its drug candidate resmetirom for the treatment of nonalcoholic steatohepatitis, or NASH, with liver fibrosis.

John Paulson’s hedge fund opened a new position in Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) during the second quarter.

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