Indie Semiconductor gains after Soros Fund Management raises stake to 8.1%

indie Semiconductor

27/05/2022 14:27

** Shares of indie Semiconductor  INDI.O  up 6.1% at $7.71
premarket 
    ** Soros Fund Management LLC, the family office of
billionaire George Soros, has an 8.09% passive stake in INDI,
SEC filing https://www.sec.gov/Archives/edgar/data/1029160/000090266422003121/p22-1545sc13g.htm
 shows on Friday
    ** Soros Fund Management owned 3.7% of co as of March 31,
according to Refinitiv data  
    ** INDI on pace to open at its highest level since early May
and for its third consecutive session of gains    
    ** Stock down ~40% so far this year

 (Reporting by Uday Sampath in Bengaluru)
 ((UdaySampath.Kumar@thomsonreuters.com; Twitter: https://twitter.com/sampath_uday
  ;))