Hedge Fund News From HedgeCo.Net

Hedge funds see treasure in new public players

Reuters – Hedge fund managers bought shares of several of last year’s hot IPOs in the fourth quarter, including upscale retailer Michael Kors and online networking site LinkedIn.

Another company with an initial public offering that was a hedge fund favorite was online coupon company Groupon.. But the company’s stock has performed poorly since its November debut.

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