Tepper’s Appaloosa dumps Disney, Netflix, Micron

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Appaloosa Management LP, run by billionaire David Tepper, dumped its holdings in Walt Disney Co. DIS, -0.77%, Netflix Inc. NFLX, +3.15% and Micron Technology Inc. MU, -1.18%, according to a Securities and Exchange Commission filing late Monday. In the filing, Appaloosa no longer listed shares of Disney or Netflix, which it reported having a 50,000-share stake in each in August, or Micron, which it listed as having 575,000 shares previously. Appaloosa also trimmed holdings in Meta Platforms Inc. META, +1.06%, Microsoft Corp. MSFT, -2.25%, and Salesforce Inc. CRM, +0.59%, according to the filing.

This article was originally published by Marketwatch.com. Read the original article here.

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