Texas Permanent School Fund Corp Sells 788 Shares of Arcus Biosciences, Inc. (NYSE:RCUS)

The Texas Permanent School Fund Corporation (TPSFC) has recently sold 788 shares of Arcus Biosciences, Inc. (NYSERCUS) for an undisclosed amount. TPSFC is a state-owned investment fund that manages the endowment of the public schools in Texas. The sale of these shares represents a portion of the fund's investments in the biotechnology industry.

Arcus Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapies for cancer and other diseases. The company has been publicly traded on the NASDAQ Global Select Market under the symbol "ARCU" since October 2019.

TPSFC's decision to sell its shares in Arcus Biosciences, Inc. may be due to a variety of factors, including changes in the fund's investment strategy or the performance of the company's stock. It is important to note that TPSFC's investments are made with the goal of generating long-term returns for the benefit of Texas public schools and students.

Overall, the sale of these shares represents a significant transaction in the biotechnology industry and may have implications for Arcus Biosciences, Inc.'s future growth and development.