(Bloomberg) General Electric Co.’s biggest plunge in 11 years came at an awkward time for some of Wall Street’s savviest investors, after a recent buying spree by the likes of Renaissance Technologies, Citadel Advisors and Adage Capital Management. Hedge funds added more shares of GE than any other company to their industrial investments in the second quarter.
Hedge Funds Binged on GE Shares Before Worst Rout in 11 Years
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