Celladon Lock-Up Expiration Could Be A Short Opportunity For Aggressive Investors
- The 180-day lockup period for CLDN will come to an end on July 29.
- At this time, major pre-IPO shareholders, including many VC firms, will be allowed to sell their outstanding shares.
- Results of academic studies show that share price declines at this time are highly concentrated in venture capital-backed firms, like CLDN.
- While CLDN does show some promise long-term, the lockup expiration offers investors a short opportunity.