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Legendary Hedge Fund Lone Pine Posts First Quarter Loss

The Tiger Cub experienced mixed results from its largest long positions.

Shopify has been Lone Pine's largest U.S. long for the past three quarters. (David Kawai/Bloomberg)
Shopify has been Lone Pine's largest U.S. long for the past three quarters. (David Kawai/Bloomberg)

Lone Pine Capital has gotten off to a rough start this year.In the first quarter of 2021, the Tiger Cub founded by Stephen Mandel, Jr. suffered a 10 percent loss in its Lone Cypress long-short fund, as well as a 2 percent loss in its long-only fund, Lone Cascade, according

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