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Barry Rosenstein’s JANA Suffers First Monthly Loss in Nearly a Year
The activist hedge fund firm, which switched up its portfolio in the first quarter, was hurt in part by its two newest targets.
Barry Rosenstein (Andrew Harrer/Bloomberg) Barry Rosenstein’s JANA Partners suffered its first setback in nearly a year. The sometime-activist hedge fund firm posted a loss in May, its first monthly decline since last June. The loss came after the firm made many changes to its portfolio in the first quarter. Specifically, its flagship JANA
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