PSquared Asset Management Sells Entire $13M Stake in BlackLine Amid Stock Decline

BlackLine (NASDAQ:BL) has seen its stock price fall by 50% over the past year. PSquared Asset Management AG sold its entire stake of 304,576 shares during Q1 2026 for an estimated $13.12 million based on quarterly average pricing.

By Jonathan Ponciano, The Motley Fool Fri, May 15, 2026 at 2:55 AM GMT+3 4 min read · Yahoo Finance · May 14, 2026, 23:55 UTC

Tickers: $BL

Topics: BlackLine PSquared Asset Management AG SEC filing selling stake

Read the full article at Yahoo Finance

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