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Leap Therapeutics, a cancer drug developer, saw a major shareholder sell off most of his stocks, yet the company beat earnings expectations.
Leap Therapeutics, Inc., a biopharmaceutical company developing antibody therapies for cancer, saw a key shareholder, Knott David M Jr, reduce his stock holdings by 63.8% to $68,000.
The company's short interest declined by 18.5% in March, with institutional investors owning 30.46% of the stock.
Leap Therapeutics recently reported earnings that beat analyst expectations, with a loss of $0.37 per share.
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