Third Point, the hedge fund run by Daniel Loeb, has taken a new position in PayPal. According to a report in CNBC, citing a Third Point investor letter, the position was added in the second quarter of this year. “Consumers love PayPal because it enables...
August 15, 2018
Some prominent hedge fund managers are feeling optimistic about the U.S. economy, especially when it comes to retail and technology. According to Reuters, Third Point added new positions in payment companies PayPal and Visa, which are both up more than 19 percent so far. And Greenlight Capital added new positions to retailers including Dollar Tree, […]
July 23, 2018
Third Point, the hedge fund run by Daniel Loeb, has taken a new position in PayPal. According to a report in CNBC, citing a Third Point investor letter, the position...