Third Point Sells Stake In Catalent
Portfolio Pulse from Benzinga Newsdesk
Third Point, a hedge fund, has sold its stake in Catalent (CTLT).

August 14, 2023 | 8:37 pm
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NEGATIVE IMPACT
Third Point's sale of its stake in Catalent could potentially impact the stock's price.
Third Point, being a significant investor, selling its stake in Catalent could lead to a decrease in the stock's price due to the potential increase in supply of shares in the market. This could also be perceived negatively by other investors, causing a further decrease in demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100