Hedge Funds Flee Amazon

Many sold ahead of this year’s controversies involving the National Enquirer and a canceled NYC headquarters.

Christopher Lee/Bloomberg

Christopher Lee/Bloomberg

New Yorkers critical of Amazon.com’s planned expansion in Queens, as well as its abrupt cancellation of the project last week, aren’t the only people unhappy with Jeff Bezos’s company. Last quarter, more than 20 hedge funds either trimmed their holdings in the e-commerce giant or sold out entirely, recent securities filings show.

The

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