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Billionaire Investor Cuts Rail Bets, Slashing Norfolk Southern And Union Pacific Stakes

BenzingaJul 17, 2026, 6:50 PMLekha Gupta

Dan Loeb’s Third Point slashed Norfolk Southern and Union Pacific stakes by more than 90% while exiting CSX amid railroad merger uncertainty.

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Source
benzinga
Observed
Jul 17, 2026, 6:50 PM
Checked
Jul 17, 2026, 6:50 PM
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Captured once, then retained as an archive reference
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fresh

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