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Corvex Hits a Bump on Its Comeback Trail
After a terrible first half, the hedge fund firm’s seemingly successful rebound strategy slammed into a rock: Signet Jewelers.
Keith Meister, Corvex Management (Bloomberg) Keith Meister’s Corvex Management suffered a big setback on Thursday in its desperate bid to get back to even after a horrendous six-month rout. Signet Jewelers, a favorite of hedge funds including Corvex, plummeted about 14 percent or so on Thursday after the jewelry retailer reported its
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