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Two of Hedge Funds’ Favorite Stocks Are Poised for a Rally
Shares in Microsoft and Facebook surged in after-hours trading after the firms posted better-than-expected quarterly results.
Great news for hedge funds.Two of the three companies with the most hedge fund investors reported quarterly results that exceeded consensus forecasts after the market closed on Wednesday.Shares in Microsoft and Facebook surged in after-hours trading, setting the stage for a Thursday rally in at least these two stocks. They
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