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Jericho Capital Suffers October Setback

The tech-oriented hedge fund is still up by double-digits despite October’s decline.

Josh Resnick’s Jericho Capital Asset Management suffered a sharp setback in October as the stock market tumbled, according to a person with knowledge of the performance.The firm’s main hedge fund, Jericho Capital Partners, lost 6 percent last month, the person said, asking not to be identified because the information is private.

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