Third Point Sells More SentinelOne Stock

Dan Loeb continues to unload his previously profitable holdings of newly public companies.

David Paul Morris/Bloomberg

David Paul Morris/Bloomberg

Third Point has stepped up the selling of what until recently was its largest U.S.-listed long.

The hedge fund headed by Dan Loeb said in a regulatory filing made public Monday evening that it sold 1.5 million shares of cybersecurity company SentinelOne earlier this month.

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