Daniel Loeb’s Third Point recently released its Q1 2019 Investor Letter – a copy of which you can download below. Among other things, the fund disclosed 8.8% gain for the quarter for its Offshore Fund. The stocks that mostly contributed to its positive performance were Nestle, Baxter International Inc. (NYSE:BAX), United Technologies Corporation (NYSE:UTX), and Campbell Soup Company (NYSE:CPB).
By the end of the First Quarter, equity markets had mostly bounced back from Q4 2018’s sharp...
