--Third Point LLC has reduced its United Technologies Corp. (UTX) stake by 7% to 6 million shares, Reuters reported Tuesday, citing Third Point's 13-F filing.

--Investor's Business Daily reported that Third Point increased its positions in Netflix Inc. (NFLX) and Microsoft Corp. (MSFT).

 

https://www.reuters.com/article/us-utc-thirdpoint/third-point-cuts-united-technologies-stake-after-opposing-raytheon-deal-idUSKCN1V31B9

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 13, 2019 14:15 ET (18:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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