Hedge Fund News From HedgeCo.Net

Apple: A hedge fund liability?

CNN – With roughly one out of every five hedge funds counting Apple (AAPL, Fortune 500)among their top 10 stock holdings, the recent sell-off in Apple’s stock could start cutting into their returns.

Shares of Apple have dropped nearly 25% since mid-September, when they hit an all-time high of $705.

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