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Hedge Funds Show How Not to Bottom-Fish for Stocks

Several hedge funds, including Melvin, Lone Pine, JANA, and Darsana may regret making big purchases during the market meltdown.

Several hedge funds have done some bottom-fishing amid the market meltdown — but so far this buying is not working out too well.Some hedge funds’ purchases have triggered certain regulatory filings because they either established large new positions or added to already significant holdings.It looks like many of these purchases

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