Hedge Fund News From HedgeCo.Net

Big money dumps Boeing, buys Facebook

CNN – Boeing is the Dow’s best performing stock this year, but hedge funds are turning bearish on the jumbo jet maker. And they really like Facebook.

The top 50 hedge funds yanked nearly $1.3 billion out of Boeing (BA, Fortune 500) during the third quarter, according to data from research firm FactSet.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply