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EIT Oxford Holdings Increases Stake in Oxford Nanopore Technologies

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EIT Oxford Holdings Increases Stake in Oxford Nanopore Technologies

The latest update is out from Oxford Nanopore Technologies PLC ( (GB:ONT) ).

Oxford Nanopore Technologies PLC has announced that EIT Oxford Holdings, LLC, a company associated with Lawrence J. Ellison, has increased its voting rights in the company to 10.947%. This acquisition of voting rights signifies a notable shift in shareholder dynamics and could potentially impact the company’s strategic decisions and market positioning.

More about Oxford Nanopore Technologies PLC

Oxford Nanopore Technologies PLC is a UK-based company specializing in the development of nanopore-based technology for DNA sequencing. The company focuses on providing innovative solutions for genomic research and diagnostics, catering to a global market.

YTD Price Performance: -29.11%

Average Trading Volume: 4,695,012

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £872.3M

For detailed information about ONT stock, go to TipRanks’ Stock Analysis page.

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