Dan Loeb Has Become a Buyer

The activist investor hinted at his next possible target in his third-quarter letter.

Dan Loeb (David Paul Morris/Bloomberg)

Dan Loeb

(David Paul Morris/Bloomberg)

Dan Loeb has turned upbeat about the stock market — and he’s also hinting at his next possible activist target.

In his third-quarter letter, made public Tuesday, the head of Third Point told clients that he’s seeing “very attractive valuations, particularly assuming an economic scenario short of financial Armageddon.”

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related