Billionaire Investor Daniel Loeb Slashes Magnificent 7 Stocks to Buy This 1 Instead
Briefly

Loeb slashed his positions in several Magnificent 7 stocks, reducing his stake in Amazon by 27%, and cutting holdings in Apple and Meta by more than half.
Despite the significant reductions in his Magnificent 7 holdings, Loeb began investing in Tesla, purchasing shares at an average price of $261.63 and seeing a 50% gain.
Read at 24/7 Wall St.
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