Third Point Llc Cuts Share Stake In Alphabet Inc By 70% To 1.43M Capital Stock Class A Shares
Portfolio Pulse from Benzinga Newsdesk
Third Point LLC has reduced its share stake in Alphabet Inc by 70% to 1.43 million Capital Stock Class A shares.
August 14, 2023 | 8:25 pm
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Third Point LLC's significant reduction in its stake in Alphabet Inc could potentially impact the company's stock price.
Third Point LLC, a significant investor, has reduced its stake in Alphabet Inc by 70%. This could lead to a decrease in the stock price due to the perception of decreased confidence in the company's future performance.
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