Michael Burry Is Dumping These 5 Stocks

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In this article, we discuss the 5 stocks that Michael Burry is dumping. If you want to read our detailed analysis of these stocks, go directly to Michael Burry Is Dumping These 10 Stocks.

5. Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS)

Number of Hedge Fund Holders: 13  

Burry had held a stake worth $11 million in Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) at the end of the second quarter of 2021. He sold off this holding completely during the third quarter, latest filings show. 

In August, Truist analyst Joon Lee had kept a Buy rating on Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) stock with a price target of $40, underlining the potential of pipeline drugs of the firm. 

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Lion Point is a leading shareholder in Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) with 3.6 million shares worth more than $65 million. 

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