MarketPulse

Third Point LLC

3 articles
BenzingaBenzinga··Lekha Gupta

Loeb's Third Point Bets on Thermo Fisher as Stock Faces Technical Headwinds

Billionaire Daniel Loeb's Third Point acquires $TMO stake as company beats Q1 earnings and raises guidance, though stock trades 13.7% below technical averages.
TMOXLVPINKQLTYtechnical analysisdividend increase
BenzingaBenzinga··Lekha Gupta

Billionaire Loeb Abandons Norfolk Southern, Bets Big on CSX and Union Pacific

Billionaire Daniel Loeb's Third Point nearly doubled Union Pacific holdings to 1.81M shares, established 500K-share CSX position, and cut Norfolk Southern stake 41% in Q4 FY25.
CSXUNPNSCportfolio reallocationThird Point LLC
BenzingaBenzinga··Lekha Gupta

Loeb's Third Point Accumulates $174.8M Chipotle Position Amid Valuation Pressures

Activist investor Dan Loeb's Third Point builds $174.8M Chipotle stake as stock faces valuation pressures from weak 2026 guidance and 28% decline.
MCDSBUXCMGstock declinefast-casual restaurant