Laughing Water Capital featured stocks such as Avid Bioservices, Inc. (NASDAQ: CDMO ) in the fourth quarter 2023 investor letter. Headquartered in Tustin, California, Avid Bioservices, Inc. (NASDAQ:CDMO) is a contract development and manufacturing organization. On January 29, 2024, Avid Bioservices, Inc. (NASDAQ:CDMO) stock closed at $7.34 per share. One-month return of Avid Bioservices, Inc. (NASDAQ:CDMO) was 15.41%, and its shares lost 53.63% of their value over the last 52 weeks. Avid Bioservices, Inc. (NASDAQ:CDMO) has a market capitalization of $464.176 million.