YHOO Sold by Dan Loeb -Third Point
Posted on February 03, 2013 at 11:00 AM EST
There are some interesting things to learn about market behavior, earnings, institutional activity and more in YHOO's recent trading action. It was reported late Friday hedge fund icon, Dan Loeb of Third Point sold 15% of his stake in Yahoo, 11 million of 73 million shares over the last 2 days, leaving the firm holding 62 million shares. During those last 2 days YHOO traded +62.5 million