- Hedge-fund billionaire Dan Loeb's Third Point Capital disclosed a stake in American Express, according to a report.
- Loeb believes
- Years of lagging performance galvanized the American Express franchise and "forced necessary investments," Loeb said.
ADVERTISEMENT
Hedge-fund billionaire Dan Loeb reportedly discloses a stake in American Express (AXP)
American Express recovered its losses Friday after hedge-fund billionaire Daniel Loeb's Third Point reportedly disclosed a stake in the company.
Daniel Loeb, a hedge-fund billionaire
American Express recovered most of its loss on Friday after hedge-fund billionaire Dan Loeb's Third Point
- 'Change the board': Hedge-fund billionaire Dan Loeb lays out his plan to turn around Campbell Soup
null
BusinessInsider
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT