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Southwest Shares Take Flight as Elliott Management Discloses Stake

Hoping to oust the chairman and CEO, the activist firm is seeking changes at the airline ....

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Daniel Loeb's Strategic Acquisition of Cinemark Holdings Inc Shares

On May 14, 2024, Third Point LLC, led by Daniel Loeb (Trades, Portfolio), made a significant addition to its investment portfolio by acquiring 2,000,000 shares of Cinemark Holdings Inc (NYSE:CNK). This transaction increased Third Point's total holdings in the company to 7,000,000 shares, marking a substantial investment in the entertainment sector. The shares were purchased at a price of $18.78 each, reflecting a strategic move by the firm amidst the evolving market dynamics. ....

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Time To Bet Against Banks

Time To Bet Against Banks
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Allison Transmission Shares Have Shifted Into High Gear

While the overall consumer cyclical space is struggling this year, some stocks have thrived and are even outperforming ....

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Allison Transmission Shares Have Shifted Into High Gear

The stock has outperformed in 2024 ....

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