Amazon Investors Search for Direction

A number of high-profile hedge funds were big buyers, while several others heavily unloaded their stakes.


Chris Ratcliffe/Bloomberg

Hedge funds were sharply divided in the second quarter over Amazon’s investment appeal.

A number of high-profile funds established large new positions or added to their already large stakes in the e-commerce pioneer, while several other funds fully unloaded the stock or sold large slices of their holdings.


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