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Lone Pine Soars After Losses Earlier This Year

The Tiger Cub’s hedge fund and long-only fund posted double-digit returns in the second quarter.

Amazon was Lone Pine's third-largest U.S. long at the end of March. (Jeenah Moon/Bloomberg)
Amazon was Lone Pine's third-largest U.S. long at the end of March. (Jeenah Moon/Bloomberg)

Lone Pine Capital posted strong gains in the second quarter, making its two main funds profitable after sharp losses in the first quarter.Lone Cypress, the Tiger Cub’s long-short hedge fund, rose 13 percent in the three months through June, according to a person with knowledge of the matter. The fund is

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