Why Tiger Descendant Light Street Is Having a Blowout Year

The firm got a boost from its early Covid calls, but now says it’s time to reconsider those positions.

Glen Kacher (Victor J. Blue/Bloomberg)

Glen Kacher

(Victor J. Blue/Bloomberg)

The rally in stocks that most benefit from a Covid-19 recovery — and the simultaneous selloff of the high flying technology, internet, and software companies that had been driving the markets — has taken many investors by surprise.

Not the folks at Light Street Capital.

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