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.
United-states
America
Mewhinney-strauss
Cinemark-holdings-inc
Overview-of-cinemark-holdings-inc
Market-analysis-of-cinemark-holdings-inc
Cinemark-holdings
Holdings-inc
Market-analysis
Daniel-loeb
Third-points
Joel-greenblatt
On March 1, 2024, Baillie Gifford (Trades, Portfolio), a renowned investment management firm, made a notable addition to its investment portfolio by acquiring 7,560,929 shares of Mobileye Global Inc (NASDAQ:MBLY), a leader in autonomous driving technologies. This transaction increased Baillie Gifford (Trades, Portfolio)'s total holdings in the company to 15,985,212 shares, reflecting a significant trade impact of 0.16% on its portfolio.
Israel
Autonomous-technology
Mobileye-global-inc
Global-inc
Advanced-driver-assistance-systems
Baillie-gifford
Increased-stake
Financial-strength
Profitability-rank
Growth-rank
Consumer-cyclical