2020-06-03 12:24:38 | Loeb's Third Point owns Boeing debt, not equity, CNBC reportsDan Loeb's Third Point last month acquired Boeing debt, not shares, CNBC's Scott Wapner reports, citing a source. Shares of Boeing rallied this morning after the Third Point Offshore Fund listed Boeing as one of its monthly winners for May. The winner related to a debt position, not an equity stake, Wapner says. Shares of Boeing are off their highs but remain up 8% to $165.60 in midday trading. |
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