- Leon Cooperman disclosed a 9.2% bump to his stake in Loral Space & Communications (NASDAQ:LORL), and shares gained 2.6% today.
- Cooperman's increase brings him to 1.117M shares, about 5.21% of outstanding stock.
- Recently, Mark Rachesky's MHR Fund Management also raised its stake, to 8.145M shares; MHR is the largest known institutional investor, Benzinga notes.