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 travel resumes could play havoc with some hedge funds’ portfolios — and boost others.
Amazon, for example, has been the top holding for hedge funds for years now — and a runaway winner.
