Third Point slashes key megacap tech holdings, but snatches up shares of this Magnificent 7 name

By CNBC   |   2 years ago
Third Point slashes key megacap tech holdings, but snatches up shares of this Magnificent 7 name

During the third quarter, Third Point dissolved stakes in tech giants and opened a $105 million position in Tesla. The hedge fund also reduced positions in Alphabet, Microsoft, Meta Platforms, Amazon, and Apple.

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