As Discovery INC (DISCK) Shares Declined, Cqs Cayman LP Increased Its Stake

Discovery, Inc. (NASDAQ:DISCK) Corporate Logo

According to 2018Q4 SEC form the Cqs Cayman Lp increased its stake in Discovery Inc (DISCK) by 18.64%. The company’s stock declined 3.83% while stock markets rallied as Cqs Cayman Lp bought 632,390 shares. At the end of 2018Q4, the hedge fund held 4.03 million shares of the consumer services company, valued at $92.91M, up from 3.39 million at the end of the previous reported quarter. $20.69 billion is the market cap of Discovery Inc. Ticker’s shares touched $26.11 during the last trading session after 1.75% change.Currently Discovery, Inc. is uptrending after 19.47% change in last March 27, 2018. DISCK has 1.81M shares volume. The stock outperformed the S&P500 by 15.10%.

According to a filing Cqs Cayman Lp decreased its stake in Orbotech Ltd (NASDAQ:ORBK) by 73,000 shares to 26,500 shares, valued at $1.50M in 2018Q4. The fund operates about $1.45 billion US Long portfolio. Cqs Cayman Lp has cut its stake in Discovery Inc (NASDAQ:DISCA) and also reduced its holding in Priceline Grp Inc (Prn) by 15.12 million shares in the quarter, for a total of 26.50M shares.

For more Discovery, Inc. (NASDAQ:DISCK) news published briefly go to: Nasdaq.com, Nasdaq.com, Fool.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “S&P 500 Movers: DISCK, SJM – Nasdaq” published on February 26, 2019, “Discovery’s CEO Isn’t Afraid of Netflix – Nasdaq” on February 28, 2019, “Discovery Gets More Profitable – Motley Fool” with a publish date: February 26, 2019, “Pre-Market Earnings Report for February 26, 2019 : HD, BNS, BMO, TRI, SRE, WP, AZO, LNG, SJM, DISCK, M, SERV – Nasdaq” and the last “Discovery: Self-Described Free Cash Flow Machine – Seeking Alpha” with publication date: February 28, 2019.

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