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David Tepper’s hedge fund exits Facebook, Delta and others

(New York Post) David Tepper’s Appaloosa hedge fund is so over Facebook. The fund completely exited its position in the tech darling during the second quarter, it disclosed in a regulatory filing on Friday — after being in the stock for less than a year. Tepper also exited Bank of America, Cabot Oil & Gas, Delta Airlines, Pfizer and Valeant Pharmaceuticals during the quarter..

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