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Hedge Fund Favorite Facebook Faces Crucial Test

The social media pioneer is the most popular stock among hedge funds. After Thursday's huge selloff, will it remain so?

  • By Stephen Taub

Facebook’s sharp 19 percent selloff on Thursday following disappointing second-quarter results did not just shave huge gains from investor portfolios.It has once again raised the question of whether this is one of those seminal moments when a stock’s stature and allure has suddenly changed. Is it no longer the social

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