Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved, lost a third of its value since the end of July.
NEW YORK, March 28 (Reuters) - Tesla Inc shares fell more than 9 percent on Wednesday following a downgrade by Moody’s Investors Service, a probe by the National Transportation Safety Board of a recent...
In the case of Shire PLC (ADR) (NASDAQ:SHPG), a $46 billion market cap pharma company, major M&A could be a potential outcome due to activist activity.
Stocks may be at new highs and sentiment bullish, but the exuberance hasn’t infected every sector. Biotechnology has yet to reach new highs, and has been consolidating for almost three years.
Times are apparently tough for the $3 trillion hedge fund industry. Irritated by plunging returns and high fees, investors pulled out billions from hedge funds in 2016.
The election of Donald Trump has heralded an era of optimism in the healthcare industry, which has been one of the worst performing sectors over the past two years.
Given that the latest batch of 13F filings has just been released and collective hedge fund activity can sometimes presage future stock moves, Insider Monkey has compiled a list of healthcare stocks ...
Hedge funds may not always be right, even collectively, but data shows that their consensus long positions have historically outperformed broader market benchmarks.