At Snap, it’s the Pop Culture Icons vs. the Hedge Fund Honchos

Short sellers’ gains from the social media stock’s fall are Tiger descendants’ pain.

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Photo credit: Michael Nagle (Bloomberg)

Beware of the pop culture set.

This is what Snap shareholders must now be thinking after shares of the social media giant abruptly fell for the second time in a month for non-business-related or market-related reasons.

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