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CVS’s Guidance Warning Catches Many Hedge Funds by Surprise
The health care giant enjoyed the largest number of new hedge fund investors in the fourth quarter, according to Goldman Sachs.
Talk about bad timing.In the fourth quarter CVS Health attracted a surge of hedge fund investors, who were presumably excited in part by the company’s acquisition of insurance giant Aetna as well as CVS’ long-term plans in the evolving health care industry.Altogether, 44 hedge funds took an initial stake in
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