Money

Soros ups stake in NY Community Bancorp as stock claws back from 27-year lows


New York Community Bancorp’s stock rose, outpacing gains in other financial stocks, on Thursday after Soros Fund Management disclosed an increased stake in the hard-hit regional bank.

Soros Fund Management acquired 1,036,180 shares of New York Community Bancorp to bring its stake up to just under 1.48 million shares, according to a filing.

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