Tiger Cubs Crushed by Stocks That Made Hedge Funds Billions


Some of the pandemic’s biggest stock winners – including Netflix, Shopify, Carvana and more – are now some of the worst performing names on Wall Street. The big question now is – did the hedge funds that rode those stocks on the way up, stay with them on the way down?


As Jon Caplis shares with Bloomberg, the PivotalPath Equity Sector: Technology/Media/Telecom Index fell 14.2% year-to-date through April – the second-worst among the 45 hedge fund strategies it covers.


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