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Third Point Extends 2022 Losses in September

A profitable bet on Twitter helped soften the blow for Dan Loeb’s multistrategy firm.

Third Point is the latest hedge fund firm to confirm that it has benefited from a recent opportune investment in Twitter.The social media giant was Third Point Offshore’s fourth-biggest winner in September, a month in which the fund lost 2.5 percent, according to the firm’s September report. Third Point Offshore

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