Madison Square Garden Co
JAT Capital raises its position in Apple
Activist investor Carl Icahn said that Apple’s stock is dramatically undervalued and is actually trading at half its intrinsic value. He believes that Apple’s stock should be trading at around $203.
JAT Capital ups its position in Yahoo
Yahoo! Inc. is a global technology company that provides a variety of products and services. Recently, Yahoo shares climbed higher on third-quarter earnings and revenue that beat analyst estimates.
JAT Capital opens new position in Ctrip.com
Ctrip.com International, Ltd., or Ctrip, is a leading travel service provider of accommodation reservations, transportation ticketing, packaged tours, and corporate travel management in China.
JAT Capital sells its position in Vipshop Holdings
According to a Bloomberg report in March, Vipshop’s Guangzhou-based share price doubled this year after surging 369% in 2013. This was the biggest advance on the Bloomberg China-U.S. Equity Index.
JAT Capital’s activist stake in Madison Square Garden
In its latest amended filing to SEC, JAT Capital revealed it has an activist stake equal to 9.36% of the company’s shares outstanding. It upped its stake to 5.96 million shares, pushing the company’s management harder to consider strategic alternatives.
JAT Capital adds to its position in Twitter
Despite continued growth, Twitter is still a small player in the online advertising market. Twitter needs the support of as many advertisers as possible to become a major player in the digital advertising world.
JAT Capital starts a new position in Zillow
Zillow, Inc. operates the leading real estate and home-related marketplaces on mobile and the Web. Zillow reported quarterly revenue of $88.6 million, up 66% over 3Q 2013.