NEW YORK: SoftBank Vision Fund shed 4.9 million shares of high-flying Guardant Health Inc as the fund’s other investments faced valuation and regulatory turmoil.
The Guardant shares were sold for US$77 a piece on Wednesday, according to a Friday filing. That’s below the cancer-testing company’s record-high close of US$110.30 in August, but still a hefty hike from last year’s US$19 initial public offering price.
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