Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Christian Leone, Luxor Capital Group Reveal New Position In Orbitz Worldwide, Inc. (OWW)

Is it a good time to buy Orbitz Worldwide, Inc. (NYSE:OWW) shares? Christian Leone thinks it is, having initiated a new position for his fund, Luxor Capital Group. In a recent filing with the Securities and Exchange Commission, Luxor Capital reveals the acquisition of 6 million shares, which account for 5.4% of the common stock.

Christian Leone

David E. Shaw is also optimistic about the prospects of Orbitz Worldwide, Inc. (NYSE:OWW) and has boosted his fund’s stake in the company by 20% during Q1 of this year. His fund, D E Shaw, has reported ownership of approximately 1.86 million shares in its latest 13F filing. Paul Reeder and Edward Shapiro are also betting big on this stock, with their fund, Par Capital Management, holding 16.5 million shares of Orbitz Worldwide, Inc. (NYSE:OWW). Parag Vora does not share their optimism, though. His fund, HG Vora Capital Management, reportedly holds 750,000 shares, down 48% during the first quarter.

Disclosure: none.

Loading Comments...