Dan Loeb Mentioned Another Big Japanese Company At A Private Hedge Fund Conference
Nov 21, 2013, 22:16 IST
Activist investor Daniel Loeb of Third Point LLC is said to mention SoftBank Corp. at the Robin Hood Investors Conference, according to Twitter user @stockwhisperer.
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The conference is closed to press, so we can't confirm this yet.
SoftBank's stock is up more than 4%.
SoftBank is a large Japanese telecommunications and Internet company.
Loeb has said that he's bullish on Japan. He has a large stake in Sony, another huge Japanese company.
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The stock was not mentioned in his fund's most recent 13F filing.
Check out the chart:
