David Einhorn Reduces Stake In Delta Lloyd As Insurer Drops To Record LowRupert Hargreaves
Delta Lloyd NV has slumped to a record low today after it emerged that David Einhorn, one of the insurer's largest shareholders, has been reducing his stake in the troubled company.
At time of writing, Delta Lloyd is trading at €8.89 in Amsterdam after to falling to an all-time low of €8.75 earlier in the day. Year to date, the company's shares have lost 51.1% and are on course to close at their lowest level since Delta Lloyd's initial public offering in . . .
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