Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Here’s How Verizon (VZ) Benefits from Acquisition

Third Point Management, a New York-based investment advisor, released its third-quarter 2024 investor letter. A copy of the letter can be downloaded here. The Third Point Offshore Fund returned nearly 4% in the third quarter bringing YTD returns to 14%. The performance of global equity markets remained robust, although returns were fueled by a far wider range of the market than in the preceding year and a half. In addition, please check the fund’s top five holdings to know its best picks in 2024.

Third Point Management highlighted stocks like Verizon Communications Inc. (NYSE:VZ), in...