Why One Investor Made a $58 Million Bet on This Travel Platform Stock

One travel-tech stock just became half of this fund’s entire portfolio—and the timing matters.New York City-based Anchorage Capital Advisors established a new position in Global Business Travel Group, Inc. (GBTG) during the third quarter, adding nearly 7.2 million shares valued at approximately $58.1 million, according to an SEC filing on November 14.What HappenedAnchorage Capital Advisors disclosed a new stake in Global Business Travel Group (GBTG +0.13%), acquiring nearly 7.2 million shares worth $58.1 mi ...