Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for Sept. 21

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Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Third Point Reinsurance (TPRE). Third Point Reinsurance Ltd.'s shares are headed for their biggest daily gain since the company's initial public offering in August 2013. The reinsurer, founded by billionaire hedge-fund manager Daniel Loeb, will join the S&P SmallCap 600 Index before Tuesday's opening bell. Third Point Re will replace Sanderson Farms Inc., which is moving to the S&P MidCap 400 to take the place of Cabela's Inc., a takeover target.