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Third Point’s Loeb took passive AMD stake amid selloff, CNBC reports
The Fly

Third Point’s Loeb took passive AMD stake amid selloff, CNBC reports

Shares of AMD moved higher after CNBC’s Scott Wapner reported, citing sources, that Third Point’s Dan Loeb has taken a passive stake in the company. The shares positioned was taken when the shares were struggling, the sources told CNBC. AMD Shares are up 47c to $78.76 in afternoon trading. Reference Link

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