Hedge Fund Siren Adds $29 Million in Erasca Shares Despite Stock's 700% Surge

New York-based hedge fund Siren added a significant stake of nearly 2.5 million shares, valued at approximately $29.39 million, to its position in cancer-focused biopharma company Erasca (NASDAQ:ERAS). The move comes as the stock has surged by 700% over one year and now represents 5.04% of Siren's reported AUM.

By Jonathan Ponciano, The Motley Fool Thu, May 14, 2026 at 9:51 PM GMT+3 4 min read · Yahoo Finance ·

Hedge Fund Siren Adds $29 Million in Erasca Shares Despite Stock's 700% Surge

Tickers: $ERAS

Topics: cancer therapies Erasca hedge fund stock purchase

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