RTW Investments Buys $164M Stake in Tango Therapeutics as Stock Surges 840%

Tango Therapeutics (NASDAQ:TNGX) has surged by 840% over the past year, and RTW Investments disclosed a significant purchase of 11.8 million shares valued at $164.37 million on May 15, 2026. The fund increased its position in TNGX to about 3% of its reportable assets under management.

By Jonathan Ponciano, The Motley Fool Sat, May 30, 2026 at 3:41 AM GMT+3 4 min read · Yahoo Finance · May 30, 2026, 00:41 UTC

RTW Investments Buys $164M Stake in Tango Therapeutics as Stock Surges 840%

Tickers: $GILD $TNGX

Topics: institutional investment RTW Investments SEC filing Tango Therapeutics

Read the full article at Yahoo Finance

More World news

Centalion Americas Refinances and Upsizes Credit Facility to $3.5 Billion PR Newswire · November 12, 2026, 19:15 UTC
Nvidia Faces Leadership Transition as Jensen Huang Resigns Amid Investigation Seeking Alpha · November 12, 2026, 18:30 UTC
SOLV Energy Reports Record Q3 2026 Results and Raises Full-Year Guidance Motley Fool · November 12, 2026, 19:09 UTC
Clear Secure Reports Strong Q3 Earnings and Raises Full Year Guidance Amid Expansion into Identity Verification CNBC · November 12, 2026, 19:09 UTC
Nectar Launches AI Agent to Automate Influencer Discovery and Outreach TechCrunch · November 12, 2026, 19:11 UTC
Cohen & Company Appoints Daniel Cohen as CEO with $500 Million Revenue Target Seeking Alpha · November 12, 2026, 19:10 UTC
X-Energy Receives Early NRC Construction Permit and Anticipates Dow Investment Decision by 2027 Seeking Alpha · November 12, 2026, 19:10 UTC
Alvotech Shares Decline Following Third Quarter Earnings Miss Seeking Alpha · November 12, 2026, 19:05 UTC
Saga Communications Projects $5.7 Million in 2026 Political Revenue Amid Q4 Growth Seeking Alpha · November 12, 2026, 19:00 UTC
Corteva Forecasts 2026 Operating EBITDA Between $1.1B and $1.125B Amid Brazilian Market Pressures Seeking Alpha · November 12, 2026, 19:00 UTC