Boeing Attracts Activist Attention

Boeing Attracts Activist Attention

Billionaire investor Dan Loeb's Third Point has apparently taken a stake in Boeing (NYSE: BA), a move that should provide support for the beleaguered aerospace giant's shares. Boeing is also making progress securing its massive commercial order book despite the COVID-19 pandemic. Loeb's Third Point Offshore fund listed Boeing as one of its top winners in May, confirming market rumors that the fund has taken a position in Boeing.