nyseubs
UBS (NYSE: UBS) stock price has suffered a harsh reversal in the past few days as investors wait for the coming financial results. Its American ADRs peaked at $31.27 on March 11th and have crashed by over 13% to $27.17. Its stock in Switzerland has dropped from the year-to-date high of CHF 27.88 to CHF 24.50. UBS earnings aheadUBS share price will be in the spotlight this week as it publishes its financial results. These numbers will be important as they come at a time when the company is continuing its integration with Credit Suisse. The most recent results showed that UBS’s revenue rose to $...
Invezz
Dan Loeb’s letter to Third Point investors for the first quarter ended March 31, 2023, discussing his new positions in UBS Group AG (NYSE:UBS) and Alphabet Inc (NASDAQ:GOOGL). Dear Investor: During the First Quarter, Third Point returned -4.1% in the flagship Offshore Fund and -4.6% in the Ultra Fund. Assets under management on March 31, 2023, were approximately$12.1 billion. The top five winners for the quarter were Salesforce Inc (NYSE:CRM), Advanced Micro Devices, Inc. (NASDAQ:AMD), LVMH (OTCMKTS:LVMUY), Walt Disney Co (NYSE:DIS), and Microsoft Corp (NASDAQ:MSFT). The top five losers for th...
ValueWalk
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