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Tiffany’s Hedge Fund Fallout

Several hedge funds are positioned to be hurt badly by the collapse of the LVMH merger with the luxury goods company.

Hedge funds got rocked by bad news on Wednesday — and this time, it wasn’t the FAANG stocks.LVMH Moët Hennessy Louis Vuitton SE’s announcement that it is cancelling its deal to acquire Tiffany for $16.2 billion sent shares of Tiffany plunging more than 10 percent at one point — on

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