Billionaire Investor Israel Englander Sold 64% of Millennium's Stake in Domino's. He's Piling Into a Stock With Up to 75% Upside, According to Wall Street.
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Billionaire investor Israel Englander has significantly reduced Millennium Management's stake in Domino's Pizza by 64%. He is now investing in a stock that Wall Street analysts believe has up to 75% upside potential.
December 07, 2024 | 9:45 am
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Israel Englander has sold 64% of Millennium Management's stake in Domino's Pizza, indicating a potential lack of confidence in the stock's short-term performance.
The sale of a significant portion of Domino's shares by a prominent investor like Israel Englander suggests a bearish outlook or a strategic reallocation of assets, which could negatively impact the stock price in the short term.
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