Tepper’s Appaloosa dumps Disney, Netflix, Micron


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.

Previous articleBond Report: 2-year Treasury yield jumps by most in more than a week as Fed official pushes back on inflation optimism
Next articleDow ends down over 200 points as stocks hit pause after last week’s rally


Please enter your comment!
Please enter your name here