Hedge fund focused on fighting tech addiction dumps $80 million worth of Facebook

Hedge fund focused on fighting tech addiction dumps $80 million worth of Facebook

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/15/hedge-fund-focused-on-fighting-tech-addiction-sells-stake-in-facebook.html

A hedge fund that's spoken out against iPhone addiction sold all its holdings of Facebook shares in the first quarter, while taking a new stake in Apple.

Jana Partners sold 474,000 shares of Facebook, according to a required quarterly filing with the U.S. Securities and Exchange Commission on Tuesday. The data reflects changes made at some point in the first quarter.