Dan Loeb‘s Third Point recently issued its second-quarter letter to investors, in which the fund discussed several of its moves made during the quarter. One of the most notable revelations was that the billionaire’s hedge fund has retaken a position of undisclosed size in Alibaba Group Holding Ltd (NYSE:BABA).
Third Point took a massive position in Alibaba Group Holding Ltd during the third-quarter of 2014, during which time the company had its record-breaking U.S IPO. Its 7.2...
