Squarepoint Ops LLC Has $2.51 Million Stock Position in BBB Foods Inc. $TBBB
MarketBeat
Squarepoint Ops LLC significantly increased its stake in BBB Foods Inc. (NYSE:TBBB) by 293.9% in the second quarter, now holding 60,342 shares valued at approximately $2.51 million. Despite a recent EPS miss, the company's shares rose 2.1% to $51.52, near its 12-month high, reflecting a "Moderate Buy" consensus from analysts with a target price of $50.50. Institutional investors and hedge funds collectively own 8.42% of BBB Foods, which operates a hard-discount retail model in Mexico.
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