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How a Biden Presidency — And a Covid Vaccine — Could Shift Hedge Fund Fortunes

Hot hedge fund stocks like Amazon, Netflix, and Peloton are down, while laggards like Hilton Holdings jumped on vaccine news.

The election of Democrat Joe Biden to the presidency, along with Pfizer’s news that its vaccine for the coronavirus appears 90 percent effective, sent stocks on a tear on Monday.  But the winners and losers in a world in which tougher regulation is expected and stay-at-home stocks lose their appeal as

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